Ami Bangladeshi

Ami Bangladeshi

Ami Bangladeshi

Charting Bangladesh’s economic prosperity

I will use Singapore as a model for Bangladesh.

During 60s, Singapore was a third world country with per capita income of $320. There was massive unemployment and labor unrest was rampant.

Singapore established an autonomous Economic Development Board (EDB) with expertise from Germany and few other European countries to chart its future economic development. The result was a rapid economic prosperity starting from the 70s.

Singapore's EDB still retains International Advisory Council. Few of that council members are Mr Edward W(NED) Barnholt of Agilent Technologies, Mr John Allan of DHL Logistics, Sir John Rose of Rolls-Royce, Mr Ratan Tata of Tata Group and 8 other CEOs of world class companies.

Ratan Tata of Tata Group? Isn't the same Ratan Tata who came to Bangladesh with a mega proposal?

Bangladesh needs a fast forward approach for economic development. It should enlist Singapore's EDB to chart its economic development.

Follow Singapore's example. Bangladesh should not have any problem to find an optimum answer for its energy sector policy, air transit, ground transit to India policy, port transit to India policy or deep see port policy.

For 37 years Bangladesh failed to chart an economic policy that could lead the country towards economic prosperity. The locals failed. It is time to enlist foreign agency like Singapore's EDB.


Carmel, California

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