BSS, Dhaka :
Japan External Trade Organization (JETRO) is optimist of large-scale Japanese investment in Bangladesh in view of the competitive labour price, upward trend of the country’s per-capita income and increasing the domestic demand.
For attracting more Japanese investors, Bangladesh will have to remove the bottlenecks of investment and improve its position in the ease of doing business index, a Japanese trade diplomat opined.
Talking to BSS, JETRO Country Representative Yuji Ando said Bangladesh is one of the major destinations for Japanese entrepreneurs and they are investing in different fields, including ready-made garments (RMG), textile, IT and infrastructure taking the advantage of competitive human resource and huge domestic market.
“The number of Japanese companies operating in Bangladesh has increased around four times in 10 years. A total of 321 Japanese firms are currently running their businesses in the country which was 83 in 2010,” he mentioned.
He informed that many Japanese entrepreneurs are expanding their businesses in different fields, including electric and consumer products, of the country.
