Friday, May 8, 2020

India Pledges Easy Access to Land for Factories Leaving China

India Pledges Easy Access to Land for Factories Leaving China




In the article written in Bloomberg,THE BLOOMBERG ARTICLE CAN B READ HERE  it is impressive that India is doing everything to get he US companies now in the mode of an exodus from China by assigning a land pool to accommodate these American firms in India.

When this happens, India will entirely benefit the situation of the US of dismantling China as the Factory of the World, and yet in our case, what do we do?

We need foreign investments and technology for this country to prosper, and the only way to fast track the goal is to look at India now, already in talks with foreign firms going to them by making everything favourable to the investors and secure in long term manner their growth and GDP to rise that fast.

In our setting, we should make moves to invite these thousand companies now packing to leave China and that Japan also is making the same.

I don't hear stories in the country about these opportunities that other countries are doing in the background amid the closure of the ABS-CBN, while, in fact, these things should be the attention of our experts making moves on the opportunities of the pandemic.

The land issues is one thing that investors are very about, that their security fo heir long term investments shall be protected by all means but not sacrificing the constitution.


Tax, land and labour problems can be resolved by this ad hoc situation aimed for the benefit of the country, that an adjustment is needed to meet halfway our economic goals.

The regions of Mindanao should particularly be the good location for any proposed industrial site in the country because it is a sustainable and needs development, considering that the region will meet the standards favourable for the foreign investor by land and labour and taxes.

The government should speed up to make offers to these foreign firms as India is ramping on allocating lands appropriate for all foreign firms that son receiving inquiries from the US, Japan, South Korea, and the EU's that should make the Philippines send our officials, negotiators that should make things happen immediately.














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