Okay so here is the question
Suppose you are an official in an Eastern European nation. Write a letter to a major manufacturer in the United States. In the letter, explain why the manufacturer might want to set up a factory in your nation. Choose a specific nation and a specific manufacturer.
The country I have chose is Romania. Does anybody know what kind of manufacturer would want to set up a place there? I know Romania has rich soil and many mineral deposits but I'm not sure about who would. Any help is great.
Explore the many facts in this site.
http://www.cia.gov/library/publications/the-world-factbook/geos/ro.html
To determine the specific manufacturer that might be interested in setting up a factory in Romania, we can consider the country's resources, industries, and economic strengths. Romania has a diverse range of opportunities for foreign manufacturers due to its geographical location and various advantages it offers.
One potential industry that could be attracted to Romania is the automotive industry. Romania is already a prominent player in the European automotive sector and is known as the "Detroit of Eastern Europe" due to its significant presence of automotive manufacturers. This sector benefits from Romania's favorable geographical location, well-developed infrastructure, and a skilled labor force experienced in automotive manufacturing.
For instance, a major manufacturer like Ford, General Motors, or Volkswagen might find Romania an attractive destination to set up a factory. These companies have a global presence and are continually expanding their manufacturing capabilities into new markets. Romania's favorable business environment, lower labor costs compared to Western Europe, and an abundance of skilled workforce make it an appealing choice for establishing an automotive manufacturing facility.
In your letter to the major manufacturer, you can emphasize these key points:
1. Geographical Advantage: Highlight Romania's strategic location in Eastern Europe, which provides easy access to the European market, as well as proximity to other key European automotive manufacturing hubs.
2. Infrastructure: Mention Romania's well-developed transportation network, including an extensive road and rail network, which facilitates efficient logistics and supply chain management.
3. Skilled Workforce: Emphasize the availability of a skilled labor force with expertise in automotive manufacturing. Romania has a long history of manufacturing and engineering, particularly in the automotive sector.
4. Cost-Effectiveness: Compare labor costs in Romania to Western European countries, showcasing the potential for cost savings and increased profitability for the manufacturer.
5. Supportive Business Environment: Discuss the economic stability and favorable investment climate in Romania, including tax incentives, attractive government programs, and regulations that encourage foreign direct investment.
Remember to tailor the letter with specific details and statistics that support these points. By showcasing Romania's strengths and aligning them with the manufacturer's needs, you can increase the likelihood of attracting their interest in setting up a factory in your nation.