^ The sovereign guarantee is why this won't happen. Sure we can take into account certain risks(as all govts do in this sort of infrastructure project). But taking into account the volatility in the currency markets, and the political football anything to do with India becomes in this country - this is dead before it starts.
A MOU with certain stipulations /conditions would have been fine...but when most of the developing world is moving away from giving Sovereign Guarantees, we most certainly can't afford to give one.
And so, I hope this goes no further, and remains a pipe dream.
But I love how anything at all to do with India instantly becomes an issue for people in this country and forum. If this was being done by an Italian firm(what a joke that country is..corruption, graft, kickbacks, shoddy practices - they are right up there), but it would have been all...
WOW!
Looking 4ward to dis!
Bangladesh & Italy 4eva!
The guy saying bd govt. won't get anything, nor will the public, except for their apartments - ever bought property? Who do you think gets the VAT and Stamp Duty? And as for the public, what do they get when NAVANA/BTI/ANZ/Sheltech complete a project?
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