Japan has said it is satisfied with the investment friendly environment in Bangladesh and expressed its willingness to expand its investment. On the other hand, Bangladesh has invited them invest here assuring them of providing all kinds of cooperation from the government.
This was discussed at the 5th Japan-Bangladesh public-private joint economic dialogue held online on Tuesday (11 April).
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 plan in expanding the business of Japanese investors in Bangladesh and expressed satisfaction on the progress made in the activities of Bangladesh Special Economic Zone in Araihazar Upazila of Narayanganj district based on 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 priority basis.
At the same time, they briefed on different measures to be taken by Bangladesh to expand Japanese investment.
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, decision was made to hold Japan-Bangladesh public-private economic dialogue in order to enhance the economic relationships between the two countries.
National Board of Revenue Chairman, Senior Secretaries and Secretaries of Ministry of Foreign Affairs, Ministry of Commerce, Economic Relations Division, Ministry of Agriculture, Ministry of Livestock and Fisheries, Power Division, Energy and Mineral Resources Division, Prime Minister’s Office, Executive Chairman of Bangladesh Investment Development Authority (BIDA), Bangladesh Economic Zones Authority (BEZA), Bangladesh Export Processing Zones Authority (BEPZA), Deputy Governor, Bangladesh Bank, Ambassador of Bangladesh to Japan and Director Generals of Prime Minister’s Office joined the dialogue.
IWAMA Kiminori, Ambassador of Japan to Bangladesh, KOKUBU Fumiya, Chairman of Japan-Bangladesh Committee for Commercial and Economic Co-operation of Japan Chamber of Commerce and Industries, representatives from Ministry of Foreign Affairs of Japan and other ministries and Heads of Bangladesh offices of JICA and JETRO were present in the dialogue.
