Tuesday, November 6, 2012

Grab Opportunity before it is too late

GIVEN circumstance of world's economy as well as ever raising wages demand in world's factory nation, China, Japanese business-men are trying to turn their asset to ASEAN region. Recent and current maritime dispute with China make their idea become more realistic. In this regard, ASEAN nations are trying to convince Japanese investors for their money and technology. Each government trying to change some investment policies to lure potential FDI. Of course, Myanmar is promising country right now following its open to the world. Geographically, Myanmar is well situated between world's biggest nation. Also she is sitting between Indian and Pacific Ocean. No other place is better than Myanmar's location. The whole world knows that how vast untapped natural resource Myanmar has. With the star power at our lady ASSK, Myanmar will never get the same chance in future if they fail to succeed this time.

I am really concern whenever I read news of Japanese's investment in neighboring countries. Our leader must be wise to attract FDI by adapting flexible methods. The world keep changing and we have to reflect on it. No one formula would work for long time. At the same time, our people should take a part by understanding the side effect. It is sometime inevitable to face some side effect, such as environmental pollution, if we really want to develop our nation quickly. Please be remember that we were helpless in past when our former Junta did whatever they wanted. Nowadays, much free media timely inform our people through various channels for the sake of transparency. As a poor nation, we have less incentive than choosy. If we are compromising  with developer's right, we would be at the end of lose side. Some our neighboring nations are gunning out all to magnet potential FDI. If we are about to develop, we have to response quickly. I sincerely hope that recent signed foreign investment bill is able to lure potential FDI so that our jobless adults can find their earning within country. I think, our leaders won't waste time anymore as we have been far behind than any other country in the region. Without economic development, it is unlikely to see middle class. With no middle class families, it is likely to see one party dominant. Of course without having enough financial power, our education and health sector will not get much needed funds to repair.

China is trying to avoid hard landing from high flying for several decades now. EU is struggling to overcome their own crisis. US is apparent to press restart button now. Given condition, no other time will give us opportunity than now. Please grab it for the sake of our people.

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