Bangladesh seeks Japanese investment in joint economic dialogue

BTJ Desk Report
Bangladesh seeks Japanese investment in joint economic dialogue

Bangladesh invited Japan to invest here, especially in Maheshkhali Economic Zone, assuring them of providing all kinds of cooperation from the government.

The invitation was made at the 5th Japan-Bangladesh public-private joint economic dialogue held online, according to a statement issued by the Prime Minister’s Office (PMO).

Principal Secretary to the Prime Minister Md Tofazzel Hossain Miah led the Bangladesh delegation, while HIRAI Hirohide, Vice-Minister for International Affairs, Ministry of Economy, Trade and Industry (METI) led the Japan delegation.

Japan, by turn, was the host country for this economic dialogue, but considering the current global economic condition the dialogue was held online.

Both Bangladesh and Japan discussed future plans to expand the business of Japanese investors in Bangladesh. They expressed satisfaction with the progress made in the activities of the Bangladesh Special Economic Zone in Araihazar Upazila of Narayanganj district based on the G2G (government to government) model.

The Japanese side made comments on the existing Japanese investment in Bangladesh as well as on the future plan of investment and cooperation in different sectors of Bangladesh on a priority basis.

At the same time, they briefed on different measures to be taken by Bangladesh to expand Japanese investment.

Bangladesh assured Japan that it would provide all kinds of cooperation from the government’s side to attract and expand Japanese investment in the country, and has informed Japan about the progress in areas that were previously highlighted by Japanese investors.

Japan has expressed satisfaction with the progress of the programs implemented in Bangladesh and has expressed hope that this progress will continue in the future without interruption.

The meeting discussed that Prime Minister Sheikh Hasina’s visit to Japan in 2014 marked the beginning of a new horizon of economic relations between the two countries.

In continuation of such development, the decision was made to hold Japan-Bangladesh public-private economic dialogue in order to enhance the economic relationships between the two countries.

Both parties concluded the 5th Japan-Bangladesh public-private dialogue by expressing hope that through the upcoming visit of the Prime Minister of Bangladesh to Japan the economic relations between the countries will reach a new height.


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