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Monday, January 21, 2008

[ALOCHONA] Continue Global sell off might create an opportunity for Bangladesh

Dear All,
 
We have been observing global sell off in financial markets and this might create an opportunity for Bangladesh to attract foreign investment in the pharmaceuticals sector in Bangladesh.  Health care sector is the one the best sectors which will flourish during recession or depression whatever we call in this time.
 
The reason Bangladesh can attract huge foreign investment in the pharmaceuticals sector since people will look for cheap and quality medicines since number of baby boomers are increasing all over the world.  Future investors will get good return of their investment in the pharmaceutical sector in Bangladesh because law cost manpower and LDC status which provide ampule advantage to make money in this sector.
 
Bangladesh Govt needs to pay attention to this opportunity in this sector and provide all out help and develop a consortium to attract new investors ( e.g, start with Middle East countries).  Middle East countries will look for an opportunity to make money off from their investment (US$2 Trillion) in the world and Bangladesh Govt has to convince them to invest in this sector which will have better return of their investment.
 
I hope that Bangladesh Govt is listening,  they have my earlier proposal to develop this sector and at least start working with it for now.  Bangladesh needs high income jobs to survive after worldwide inflation of essential items and Bangladesh has only this sector which can create high income jobs.
 
Few of the political leaders in Bangladesh might be thinking once they take power from the CTG, all the essential items price will be 100% below the current price,  then think again they might be day dreaming.  If constructive policies are not adopted now in Bangladesh, even Angel will not able to help Bangladesh.
 
Regards,
M. M. Chowdhury (Mithu), USA
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[Disclaimer: ALOCHONA Management is not liable for information contained in this message. The author takes full responsibility.]
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