He will most probably fail, but somewhere in the middle so maybe still not a bad move long term. Local population is lazy, and will remain lazy until they face

He will most probably fail, but somewhere in the middle so maybe still not a bad move long term. Local population is lazy, and will remain lazy until they face poverty, which will be too late to maintain prosperity. The only solution that might work is to create some tax-haven for foreign companies with massive grants. Maybe.