An Adani project will put India on global maritime map

[Nilgiri]

Shipping hub can industrialize the nation further. Manufacturer see it as good location as their manufacturing hub. Singapore is the highest FDI recipient in South East Asia, it is despite it is only small island with much less people

Singapore had a strategy with Lee Kuan Yew.

Sri Lanka never did, putting aside the civil war effects and what lingers from it.

Hence why Singapore has its forex level where it was and is and its sovereign wealth funds where they were are are now all through the trajectory. Large part was helped by oil refining as well (again capital SL never deployed).

So simply tacking on a white elephant style port means you get the exact forex collapse and default that Sri Lanka had happen.

People scratching their heads at it (why SL with its per capita socioeconomics overall doesnt have the per capita forex level of India which is now approaching 700 billion USD)...i.e why doesn't SL economy have 10 billion in forex easily, or even 20 billion....by itself and with no IMF package to provide the large part of the current 5 billion level to stay afloat.

It did nothing of the 10 other important things to do over 10, 20 and 30 years that Singapore did.

The forex solvency will dictate a lot of the south asian neighbourhood outside India this decade btw. Outside India, its extremely bad management on this. It matters with heavy capital projects and the follow up required to produce returns and solvency....rather than IMF bailouts and defaults.

 

[Indos]

Singapore had a strategy with Lee Kuan Yew.

Sri Lanka never did, putting aside the civil war effects and what lingers from it.

Hence why Singapore has its forex level where it was and is and its sovereign wealth funds where they were are are now all through the trajectory. Large part was helped by oil refining as well (again capital SL never deployed).

So simply tacking on a white elephant style port means you get the exact forex collapse and default that Sri Lanka had happen.

People scratching their heads at it (why SL with its per capita socioeconomics overall doesnt have the per capita forex level of India which is now approaching 700 billion USD)...i.e why doesn't SL economy have 10 billion in forex easily, or even 20 billion....by itself and with no IMF package to provide the large part of the current 5 billion level to stay afloat.

It did nothing of the 10 other important things to do over 10, 20 and 30 years that Singapore did.

The forex solvency will dictate a lot of the south asian neighbourhood outside India this decade btw. Outside India, its extremely bad management on this. It matters with heavy capital projects and the follow up required to produce returns and solvency....rather than IMF bailouts and defaults.

Yup SL had long civil war while Singapore is not. Beside that the hub ports in South East Asia is much bigger than SL port. Singapore is not only hub for ship, but also for air transport, so we see big industry in plane MRO as well, and plane MRO needs parts so Singapore aerospace sector is quite big for both MRO and part production, including plane engine company is investing there, no hurdles as Singapore is US close ally.

 

[Indos]

Yup SL had long civil war while Singapore is not. Beside that the hub ports in South East Asia is much bigger than SL port. Singapore is not only hub for ship, but also for air transport, so we see big industry in plane MRO as well, and plane MRO needs parts so Singapore aerospace sector is quite big for both MRO and part production, including plane engine company is investing there, no hurdles as Singapore is US close ally.

Singapore as shipping hub also prompt the proliferation of shipyard around the place, but since Singapore is pretty small, so the one who gets the industry is Indonesia, particularly shipping yard located in Strait of Malacca.

 

[Nilgiri]

Singapore as shipping hub also prompt the proliferation of shipyard around the place, but since Singapore is pretty small, so the one who gets the industry is Indonesia, particularly shipping yard located in Strait of Malacca.

Yah, Singapore is its own unique thing. A city state. It has bargaining power on its labour unlocked at the tier it is, so it can just hold capital and holding companies and allocate production away to the region from these holding companies. i.e the finance sector.

Sri Lanka has to think more along the lines of a proper sized country with country issues/context....the civil war was glaring lapse of proper thinking this way and it came with a great cost.

India, Indonesia etc even more so have to think a large country way. These are huge countries in the end.

There are things to study and implement from successes and mistakes of others though, whatever their size. Lot of things transcend size.

Overall countries really have to think about investment these days. The govt and largest companies you have. Infrastructure is just one part of it as the infra has to open up something and provide a good return.

 

[DDG-80]

Ultra-large container vessel MSC Claude Girardet docks at Vizjhinjam

MSC Claude Girardet, the largest container vessel to visit India, docks at Vizhinjan international seaport.

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