Wednesday, February 12, 2014

In transition - Bangladesh

In transition in Bangladesh

I have been here in Chittagong for the third day now. The country is back to what it was before the recent general elections and  the period of political troubles and demonstration. I believe the people is fed up of the troubles and want back their normal life.

This season is the cricket season and the country is grip with cricket fever. The hotel I am staying in was heavily guarded as the national cricket players are also staying in the same hotel. In total, there are twenty over guards and policeman in the Hotel. These cricket players are like celebrities and rock stars and is mobbed by the general public.

I am here on a business assignment and having to spend the remaining CNY days in Bangladesh. Yesterday, I had a dinner gathering at the Chittagong club with my colleagues and some customers . We exchange talks about our feelings for the country and why we choose this country for investments and why the overseas Bangladeshis are coming to work in their country.

The conclusion is that despite all the political trouble , the country have a big pool of workers and a fast growing middle class who is hungry for wealth and success. This hunger is pushing them to move on to learn and expand.
The people is angry with the politicians and they only need stability to allow them to expand their business.

Don't underestimate the power of this hunger and many emerging economies is pushed by this similar factor.

Hopefully. Bangladesh will succeed and imy good wishes go with it.

Namaste.

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