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FINANCIAL CHRONICLE™ » FUN CHRONICLE™ » Absolute Blunders

Absolute Blunders

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1Absolute Blunders  Empty Absolute Blunders Sun Feb 01, 2015 7:57 pm

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics


The Undoing of those in Absolute Power

Absolute authority creates absolute blunders of every kind. The rulers of the past have done their part in creating insurmountable debts and damage to the environment for the citizens of Sri Lanka. One of which is the purported Hambantota Port. Many things were revealed and said in the media and of course by the radicals.

Now, what's to be done. What is done is done and we have to pick up the pieces.
So what I suggest is the following-
First get a competent organisation to evaluate and recommend steps to salvage or limit the damage already caused.
Based on the results of that study the additional investments required to get the port working.
If the ROI is not good then look for alternate remedies.
When dealing with risks, we should not dwell only on the risks and mitigating actions.
There is a thing called, opportunities.
Look for the opportunities that could be opened up in salvaging this MEGA investment.
What. About travel Tourism, Hiring the port for luxury yachts and water sports.
internal transport from port to port,
Fisheries Harbour,
In the worst scenario we can use it as a light house!








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