Replying to [Admin]:
Going through the many postings, the popular argument is for India to be the next super-factory. However most, if not all of them are based on emotional factor or from people who are Indian origin.
The next selection is for Brasil, with the pointers listed by Moderator Ranger, as having the most appropriate means to be the next superstar player. Other countries mentioned are: Russia, Korea, and Thailand.
I have noted one country in the region of Asia, that is Vietnam. This country has the highest number of University degree graduates and a very low labour cost. This is copied from the Resources on profiles of country of Vietnam as:
The Vietnamese economy is enjoying one of the most sustained growth in the Asian area. Annual GDP growth rate was 7.2% in 2003, 7.5% in 2004 and 2005. Despite a regular rise in the standards of living, Vietnam's economic situation still remains difficult with a annual per capita revenue of about 400 USD.
Vinatech06 posted ASEAN as the next world player, and he is right to this guessimation. The monthly average salary of a Vietnamese worker is at USD45 per month. The important criteria investors are looking for is COST of production. and labour cost is one of the mandatory criteria. Next, will be the education and skill of the worker, and then the infrastructure, which includes transportation and communication and financial institutions. Good leadership, stable government and logistics.
First, we have got to look at the reasons for China to be the world leading manufacturing base. The industrious, efficient and disciplined work force demonstrated by the building of the Hydro electric dam in Wuhan, the Olympic stadium in Beijing and the Donghai Bridge over the Hangzhou Bay, a 36 km bridge spanning Ningbo to Shanghai and many other mammoth projects including the railway to Tibet. All these show the capability of China in the management, the financial sector, the manpower and technological capability.
My bet will be Vietnam for this part of Asia, including the ASEAN nations such as Malaysia, Thailand, Myanmar, Cambodia, Laos, and Singapore. For the Americas, the future will be Brasil, as the future world leader.
The trend in the future will be for companies to diversify its operations in countries where there are strategic advantage for its entire operation. Such MNC (Multi-national Corporations) locate their factories to near the supply of resources of manpower, raw material and financial institutions, reducing transportation costs which will become a big factor as the price of fuel oil rises.
![[em7]](http://img.alibaba.com/images/eng/style/icon/emoticons_shy.gif)
Street Smart