I dont know the complete demand of Tata which may be illogical. But the demand of gas is not illogical.
Think from your side. If you are an investor in industries you must need power.
Tata did not want electrical power which is very unstable in bangladesh. They wanted gas.
If you want to make a deal you must specify for how much year you are going to give gas. For tata it was 20 years.
IF YOU WANT TO RUN A HEAVY INDUSTRY YOU CAN NEVER RUN WITHOUT HEAVY ELECTRICITY OR GAS.
FYI, tata is not only interested in bangladesh. They are willing to expand their capacity. So they are setting up more steel plants all over the asia.
See from wikipedia
http://en.wikipedia.org/wiki/Tata_Steel
"Tata Steel has set an ambitious target to achieve a capacity of 100 million tonne by 2015. Managing Director B Muthuraman stated that of the 100 million tonne, Tata Steel is planning a 50-50 balance between greenfield facilities and acquisitions
It is our failure if we cannot join this adventure just for our bad bureaucracy.
If we have real trouble in gas then it is okey.
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Think from your side. If you are an investor in industries you must need power.
Tata did not want electrical power which is very unstable in bangladesh. They wanted gas.
If you want to make a deal you must specify for how much year you are going to give gas. For tata it was 20 years.
IF YOU WANT TO RUN A HEAVY INDUSTRY YOU CAN NEVER RUN WITHOUT HEAVY ELECTRICITY OR GAS.
FYI, tata is not only interested in bangladesh. They are willing to expand their capacity. So they are setting up more steel plants all over the asia.
See from wikipedia
http://en.wikipedia.org/wiki/Tata_Steel
"Tata Steel has set an ambitious target to achieve a capacity of 100 million tonne by 2015. Managing Director B Muthuraman stated that of the 100 million tonne, Tata Steel is planning a 50-50 balance between greenfield facilities and acquisitions
- Tata Steel has lined up a series of greenfield projects in India and outside which includes [8]
- 6 million tonne plant in Orissa (India)
- 12 million tonne in Jharkhand (India)
- 5 million tonne in Chhattisgarh (India)
- 3-million tonne plant in Iran
- 2.4-million tonne plant in Bangladesh
- 5 million tonne capacity expansion at Jamshedpur (India)
- 4.5 million tonne plant in Vietnam (feasibility studies underway)"
It is our failure if we cannot join this adventure just for our bad bureaucracy.
If we have real trouble in gas then it is okey.
2008/8/5 mahathir of bd <wouldbemahathirofbd@yahoo.com>
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If any conglomerate think of investment in Bangladesh, they must investigate the fact of tata's withdrawal. they will find the illogical demand of tata.If any other conglomerate don't invest in bangladesh with such silly excuse, then we really don't need such investor.আল্লাহ যাকে যখন ইচ্ছা ক্ষমতা দান করেন,মাইনাস টু ফরমুলায় তাই হাসেন
--- On Mon, 8/4/08, Adhiraj Bose <swarnayogi@yahoo.co.in> wrote:
From: Adhiraj Bose <swarnayogi@yahoo.co.in>
Subject: [ALOCHONA] Re: tata's withdrawal - i am not sure.................
To: alochona@yahoogroups.com
Date: Monday, August 4, 2008, 4:01 PM
Mr.Iqbal I dont understand your fears regarding indian conglomerates inhttp://www.thedaily star.net/ story.php? nid=48382
this regard. The Tata's billion dollar investment was supposed to be
the country's largest foreign investment till date. Economists in
Bangladesh have clearly lamented the withdrawal of this investmemt plan
saying it will be a clear deterent to any further investment in the
country. th withdrawal of this particular investment will not mean the
end of the world for fdi in bangladesh but the obvious reaction would
obviously be in the negative to such a withdrawal by a large
conglomerate. Here is what the Daily Star had to say in this regard.
--- In alochona@yahoogroup s.com, "Md. Shamim Iqbal" <shmm777@... > wrote:
>
> i am not sure why am i happy to know about this withdrawal. may be
its because of the fear i have in mind about indians. since our
Independence they did little for us (if i have missed any) and
continuously putting us behind. $ 3 bn is a big fdi for us but as far
as we came to know, it was a one sided proposal. another 'east india
company' may be. we should not respond to such proposal(s) from now on.
>
> people of bd learned lesson from 'kafco' experience, so we are
getting aware of our rights, now we need to propagate this awareness to
other sectors to prosper ourselves.
>
--
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(¸.·´ (¸.·` * Mun!M
Jackie Mason - "I have enough money to last me the rest of my life, unless I buy something."
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