What is with too personal. You dont like my post dont bother reply.You have very little knowledge on FDI that’s evident from your post. Please don’t post things for which you have no idea.
Definitely RMG and remittance has helped Bangladesh but back in 1970s and 1980s that was the only viable way to make money. In Bangladesh has brought woman into work force, has increased their literacy rate and made up to HSC level education free, brought down fertility rate, gave many incentives to RMG sector to make it grow. All these happen desire people of Bangladesh is not willing to pay tax.
For your info Bangladesh doesn’t earn 50 USD just by selling underwear. It’s gradually moving to high end products. As many industries are leaving China the amount of export earning will only increase.
For manpower export Bangladesh is targeting now skilled migration with trade skill and nurse to western countries. They have launched number of initiative in this regard. If successful this will bring more remittance earning to Bangladesh.
Next thing Bangladesh is focusing on software development and aim to earn more on software development than RMG. For that training 1 million freelancer. Already Bangladesh is second in terms of number of freelancer.
Plus it’s focusing on ship building, pharmacy, electronics and auto industry as well.
To have FDI one need better infrastructure, electricity production, ease of doing business. Bangladesh is improving on the first two and need to do more on the last.
So please don’t embarrass yourself with your post like above.
Only one embarrassing is you. underwear export is not 50. And to reach 40 billion swear shops export u also import 25 billion import of raw materials and need shit load of indian management to achive that. So net is very low.
Main driver is low skilled migrants in middle east and send poor women to get raped. Have u been to middle east how bd ppl are treated...worse then animals.
Freelance earn barely billion dollar. Mid tier IT companies made more then that.
All this pharmacy and ship building how long u will be bitching about same bs. It still didn't even pass 1 billion mark (not even 500 million) and we been hearing this since early 2000 lol. And what auto industry? Are you for real. U do realize bringing indian motorcycle parts and assemble in bd dont make u any one in auto industry right.
Only export item cross 1 billion is cotton underwear and some leather export which making havoc on environment.
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