It has already attracted $2.1 billion Chinese investment in the primary industry called steel. It has also attracted $22 billion dollars of investment in the form of credit from China. Investment in infrastructure is more important than the investment directly in industries. A huge investment in industries cannot be expected when the country's infrastructure is weak. China is certainly helping us in this field that will attract hundreds of billions of dollars of private investment in Bd in the future.
Now is coming the Japanese JICA multi-billion dollar investment in the infrastructure building works including a deep seaport near Matarbari. After this, the private Japanese industries will invest in an exclusive economic zone near Cox's Bazaar. Are you Indians so stupid not to see that Japan ousted both the contending parties, China and India from the deep seaport project there? Japan will play a proxy role to the US interest in the BoB. Its observation post in our southern tip will be watching the development of Orissa naval base and a Chinese navy base in MM.
We should not lament a paltry Nissan investment in MM. Nissan cars are popular in MM. It is Toyota in BD. I hope, someday Toyota and Mitsubishi will invest in BD. But, can they do it when the road transport infrastructure is so weak? So, Indians should just wait and see how the future BD unfurls strongly in front of the crying eyes of the Indians. Oh!! Baby, do not weep!!!
Steel lol, you consume about half the steel per capita that MM does, you are talking about a tiny investment that should have happened 20 years ago in BD meaning something today?
https://defence.pk/pdf/threads/gripen-for-bangladesh.530747/page-6#post-10056110
I am talking about vehicle assembly, MM is doing something right that you are not. Its that simple.
@Aung Zaya
How a 170 million population still does not have one 10k production capacity plant that MM is getting (with 3 times lower population) is frankly astonishing.
Sorry don't put it down to "road infra", MM road infra is also not great. Simply put you have low consumption per capita (compared to MM) and your govt extracts its cut at all levels to make even assembling something so basic (with the terrible and unproductive BD labour* taken into account) ridiculously uncompetitive....because BAL govt and BD are bottom 10% percentile in corruption in world (transparency international CPI index) after all....and not even improving an iota either over 5 years.
Just remember what happened when you tried to get into a discussion the last time:
*
https://defence.pk/pdf/threads/gdp-...september-quarter.531069/page-4#post-10056012
Dayum look at that BD productivity!
Interesting how you speak of BD economy while praising MM. Yet BD is ahead of MM in GDP Per Capita, has more and dense population, so much bigger economy. Blatant partisan like this doesn't paint MM in any good manner. Nowhere is MM ahead over BD in therms of economy per people. If with all the FDI you are talking of, MM still can't match BD in per capita economy, than it speaks volume of how well BD does on it's own while MM struggles with outside investment.
I am talking about realised consumption per capita (PPP). Nominal USD is a distorted irrelevant measure when its below 5000 per capita....given sensitivity to trade%/GDP at the lower rung.
Myanmar clearly consumes more than you, its seen the physical per capita consumption of energy, electricity, steel, cement, concrete, manufactured goods...you name it. It simply did not push RMG quotas to ensure guaranteed US dollar liquidity prevalence as % of economy like BD did for 20+ years. Thus extrapolating USD exchange rate to entire BD consumption basket is flawed at best and atrociously faulty at worst (when talking about actual on the ground income/consumption per capita). This topic has been discussed too much already....so I am not wasting any more time on it.
For example with steel:
From 2006 to 2015, the total per capita steel consumption of MM was 244.4 kg
The figure for BD was 130.9 kg.
Want me to do it for electricity, energy, cement etc next?