Value Chain Analysis Is Very Important in Building Any Asset

In building any asset, you don't want to play across the value chain. So we have to understand the parts that create a lot of value. For the parts that do not create value, we need to ignore them. But is not that simple, because this is the current value chain. It takes 15 years to ten years to these astes. Youave to figure out what the value chain map like, is going to be like in 15, 20 years. More importantly, youhave to figure out how changes in legislation, comperative movements, will change the valueChain.