Economic Reporter :
Japan External Trade Organisation (JETRO) will soon launch a joint initiative with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to bring major Japanese investment in Bangladesh’s private sector for investing in bigger projects.
The government organisation of the island state in the Pacific yesterday (Sunday) signed a memorandum of understanding (MoU) with the apex trade-body of Bangladesh on promoting bilateral trade and investment, particularly in the private sector.
Prime Minister Sheikh Hasina witnessed the MoU signing after attending a breakfast meeting with leading Japanese businessmen in Tokyo.
“This is for the first time that JETRO joined hands with Bangladesh private sector to promote here Japanese investment”, FBCCI President Abdul Matlub Ahmad told The New Nation over phone. He is now leading a 30-member FBCCI team, as entourage of the prime minister, to the G7 Outreach Meeting.
He said 16 top Japanese business leaders attended the event when they expressed their keen interest in investing in Bangladesh in various sectors covering infrastructure and manufacturing.
The business leaders included Terau Asada, chairman, the Japan Bangladesh Committee for Commercial and Economic Cooperation, Hiraoki Otani, director and executive vice president,
Fastening Products Group, YKK Corporation, Kazuyuki Inoye, president and director of Shimizu Corporation, Hiroyaki Ishiqa, chairman and CEO of Japan External Trade Organization, Masahi Munoshi, director and CEO of Toshiba Corporation and Shnizi Ayenua, operating officer and director, Honda Motor Corporation.
Ahmad said under the MoU, FBCCI and JETRO would draw a roadmap to promote and facilitate Japanese investment in Bangladesh and relocate their industries.
“We will also organise monthly visit of business delegation to Bangladesh so they could know better the business and investment opportunities here,” he said.
The FBCCI chief said that under the joint initiatives, Bangladesh would get large-scale investment from Japan in bigger projects.
He also said that besides encouraging and facilitating relocation of Japanese industries to Bangladesh, technical assistance and transfer of technology from the Pacific country to Bangladesh would also be one of the major targets of the MoU.
Japan External Trade Organisation (JETRO) will soon launch a joint initiative with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to bring major Japanese investment in Bangladesh’s private sector for investing in bigger projects.
The government organisation of the island state in the Pacific yesterday (Sunday) signed a memorandum of understanding (MoU) with the apex trade-body of Bangladesh on promoting bilateral trade and investment, particularly in the private sector.
Prime Minister Sheikh Hasina witnessed the MoU signing after attending a breakfast meeting with leading Japanese businessmen in Tokyo.
“This is for the first time that JETRO joined hands with Bangladesh private sector to promote here Japanese investment”, FBCCI President Abdul Matlub Ahmad told The New Nation over phone. He is now leading a 30-member FBCCI team, as entourage of the prime minister, to the G7 Outreach Meeting.
He said 16 top Japanese business leaders attended the event when they expressed their keen interest in investing in Bangladesh in various sectors covering infrastructure and manufacturing.
The business leaders included Terau Asada, chairman, the Japan Bangladesh Committee for Commercial and Economic Cooperation, Hiraoki Otani, director and executive vice president,
Fastening Products Group, YKK Corporation, Kazuyuki Inoye, president and director of Shimizu Corporation, Hiroyaki Ishiqa, chairman and CEO of Japan External Trade Organization, Masahi Munoshi, director and CEO of Toshiba Corporation and Shnizi Ayenua, operating officer and director, Honda Motor Corporation.
Ahmad said under the MoU, FBCCI and JETRO would draw a roadmap to promote and facilitate Japanese investment in Bangladesh and relocate their industries.
“We will also organise monthly visit of business delegation to Bangladesh so they could know better the business and investment opportunities here,” he said.
The FBCCI chief said that under the joint initiatives, Bangladesh would get large-scale investment from Japan in bigger projects.
He also said that besides encouraging and facilitating relocation of Japanese industries to Bangladesh, technical assistance and transfer of technology from the Pacific country to Bangladesh would also be one of the major targets of the MoU.
