Japan’s investment prospect in Bangladesh

On Tuesday, Bangladesh ambassador to Japan Rabab Fatima spoke about the investment and business opportunities in Bangladesh. She highlighted the future prospects to investors and businesspersons of Nagoya while addressing a seminar held at Nagoya Chamber of Commerce and Industry (NCCI). Nagoya, apart from being the fourth largest city of the country, is the automobile hub of Japan.
The seminar was organized by the Bangladesh embassy in Tokyo with the objective of increasing awareness among the entrepreneurs of Nagoya regarding the ease of doing business environment of Bangladesh. The event registered more than 80 business representatives of Nagoya as it was organized in collaboration with Japan External Trade Organisation (JETRO), Nagoya Chamber of Commerce, and Nagoya City Office.
Ambassador Fatima highlighted the overall as well as individual growth of Bangladeshi sectors in the last decade and thanked Japan for its support towards the development of Bangladesh. She also shed light on the role and contribution of women in the industrial development along with other factors as the country’s efforts to achieve Vision 2021 and to become a developed country by 2041. Takashi Kawamura, Mayor of Nagoya City welcomed the participants and guests at the seminar supported by Japan-Bangladesh Committee for Commercial and Economic Co-operation (JBCCEC), Japan International Cooperation Agency (JICA), and United Nations Industrial Development Organisation (UNIDO).
Talking about Japan’s involvement in the event, Masumi Okamoto, the representative of JICA explained the company’s projects in Bangladesh and described the current economic conditions. While Tsutomu Hashimoto of Sumitomo Corporation described the company’s business experience in Bangladesh, senior vice president of Bangladesh Honda Pvt Ltd (BHL), Kazuya Hashi elaborated the company’s expansion process in the country. Furthermore, the opportunities, risks, and facilities associated with doing business in Banlgadesh were explained with the help of a presentation given by the representative of JETRO, Dhaka, Taiki Koga.
A short documentary on Bangladesh’s economic advancement was screened during the fifth development and investment seminar organized by the Bangladesh embassy in this year.

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