Again, missed the point of my post entirely. In the 80s, Bangladesh had very few people who even had 5th grade education. So imagine the technological hurdle regarding workforce training we had to face when we had to make the transition from a agro economy to a manufacturing one. No single company could afford to invest hundreds of thousands much less million and billion.
After the garment manufacturing boomed in Bangladesh, there have been several universities dedicated to textiles. Who in turn produced textile engineers and who subsequently helped propel the RMG industry to grow and diversify.
When it comes to skilled labor for semiconductor, Bangladesh does have some workforce with electrical and CS engineering degree. It may not be enough initially, but overtime it will grow.
I will quote directly from what TSMC founder Morris Chang stated about Taiwan's journey to the top-
Taiwan, Chang said, has a large population that was integral to TSMC's manufacturing success. While the US and other countries saw professionals moving away from manufacturing, Taiwan was ripe with talent and made it an ideal location for a "pure play" chip foundry that only produced components for other companies, he proclaimed.
The US has a ready supply of design talent, "it's the best in the world," Chang said. "Taiwan has very little design talent, and TSMC has absolutely none." But to develop and grow a successful chip manufacturing industry, the US will need to address its own serious fabrication talent shortages, he opined.
US experts seem on the same page as Chang. One think tank said that it thinks there will be several thousand positions left unfilled in any new factories due to a lack of suitably skilled semiconductor manufacturing workers in the nation. Chang added that TSMC tried multiple arrangements of American and foreign employees to staff its Oregon plant, but without much reduction in costs.
US chip output growth a futile exercise, warns TSMC founder
Production talent isn't here, costs are high ... so how's that multi-billion-dollar Arizona plant coming, eh?www.google.com
So as you have been putting it, Taiwan didn't have everything set up for them right from the get go. They utilized what they had- people. A lot of people. Do you think US doesn't have sufficient number of engineers? No. The reason it is extremely expensive to produce in US is because no university graduate engineer will work for low wages. But that is not the case in developing countries like Bangladesh. Engineering graduates are already working with lower wages in Bangladesh's growing electronics manufacturing sector.
As for the reason Bangladesh has to import cotton is because our climate is not suitable for cotton production. It is a natural limitation. Hence now companies are buying up land in Africa for harvesting cotton and complete backward integration. Again, you are not making sense with your arguments here.
I can start working in a textile factory in less than a month. I know how to stitch. There are no barriers to entry in the textile industry
Taiwanese went into semiconductor fabrication at a point where business models in USA went towards fabless foundries. In the absence of any change in business models there is little opportunity for other players unless you indulge in state sponsored mercantilism like China.
Taiwanese had PhDs studying in American universities way before they had a semiconductor industry. At one point Intel stood for Indian Taiwanese et al
For those think there are any educated Bangladeshis look at the following figures
These are profiles of TSMC executives
Dr. Mark Liu received B.S. degree in electrical engineering from National Taiwan University. He received M.S. and Ph.D. degrees in electrical engineering and computer science from University of California, Berkeley.
Dr. Lo received his B.S. degree in physics from National Taiwan University and his M.S. and Ph.D. degrees in Solid State Physics and Surface Chemistry from University of California, Berkeley.
Dr. Wu received his B.S. degree in Electrical Engineering from National Cheng Kung University and both his M.S. degree and Ph.D. in Electrical Engineering from University of Wisconsin-Madison. He also received an EMBA degree in the Institute of Technology Management from National Tsing Hua University.
Dr. Yoo graduated with a degree in Chemical Engineering from the National Taipei Institute of Technology (Now the National Taipei University of Technology), and was certified as a professional chemical engineer in the same year. Dr. Yoo then received an M.S. degree and Ph.D. in Chemical Engineering from the Worcester Polytechnic Institute, U.S.A.
In any case USA is not supplying semiconductor manufacturing equipment to Bangladesh unless you hit the dotted lines with respect to China
Why should we be concerned about whethet 10 Bangladeshi companies are able to invest billions or not? I don't get your logic here.
If you had read the article in the OP, it already talks about two BD conglomerates ACI and Walton expressing interest in this sector. Whether they will go at it alone or JV with a foreign producer it's up to them.
ACI Limited - Wikipedia
en.wikipedia.org
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