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Wednesday, July 16, 2014

Wake up to reality...investing in developing countries

If I have my readers wonder what do I do? Let me tell you I work for a company that been open for a long time and all we did was to convince investors into the country to invest build factory and create jobs for the local people. We try very hard to present our country to the world that we're ready to accommodate all businesses from major corporation (which many are here already) to medium and small enterprises.

The truth to be told, I believe when venturing into country like ours it is very common and should be expected that not everything work the way you want them to be. At least not from my point of view. The corruption will be there, people will have lesser education level which equivalent to lower mentality of understanding how thing suppose to work. But then again, how does thing should really work? I'm talking about corruption, under table, red tape or whatever you want to call them.

If you're a true transparency company coming over to country like ours do you really expect everything to change, let's be real here. A country runs just like an organization, it sets out to generate profit, maintain votes from its people and all the political wills to maintain "the system" the way it has been.

I believe changes are good and it can bring the country to future growth but all changes come with a price along the way it will also raise problems and more issue to solve.

There's a company who interested to invest with us and have been trying hard to convince the governments that they need to change and not charge any under table money. I'm 100% sure that all Ministers and their team will agree and welcome them happily. STOP! Think! Do you really believe that's how the game work? If the government can't collect from the foreigner then where do you think the income or revenue flows in? The source of their living will stop just because you say it is the right way to do business? Think about it there will always become someone else expenses to continue paying those money. Why? Because if no one pay up then we, the local, will have the hell of live doing business in our own country.

Something will changes but only through time and education that it will make a developing country into a developed country. Don't expect it to happen in the next few years, it will take decades to groom the generation that are selfless and love the nation as it should be.

I'm just hoping that that kind of day will come while I'm still alive.

2 comments:

  1. First of all, I agree with you. If more and more people thinking like you, the country will be healthy and society will be healthy too!

    ReplyDelete
  2. Yes eventually I just hope that people do realize they have to do something to change such system...Thanks for the comment @ciwangger

    ReplyDelete