Good to see someone saying this. A related point is that existing companies are to some extent, those that are well adapted to the local constraints such as a labour force with lower skills. The companies for which these constraints are a serious problem may have already gone out of business! Taking a slightly longer term and more dynamic view means looking beyond what current firms want and thinking about what different types of industry could grow if those constraints were lifted... But perhaps that sounds too much like old-fashioned industrial planning for modern governments to want to engage in it?