NIPRO-JMI success to attract more Japanese investment

A total of 100 companies from Japan will invest $1 billion at the Special Economic Zone (SEZ) in Araihazar Upazila of Narayanganj, said Ito Naoki, Ambassador of Japan to Bangladesh.

Ito Naoki said, “In the last 10 years, NIPRO Corporation and JMI Group have jointly invested $100 million, which is wonderful. Japanese investment would increase proportionately as Bangladesh’s economy will increase in stature. A new Special Economic Zone is being developed at Araihazar, outskirt of Dhaka. Our goal is for 100 Japanese companies to $1 billion at the Araihazar SEZ. The pharmaceuticals sector is very important in this regard. I strongly believe that JMI’s successful venture with NIPRO Corporation will play an important role in bringing more Japanese investment in Bangladesh’s healthcare sector.”

He made this remark while speaking to the media in the capital after taking a Covid-19 PCR test at the testing centre located at DNA Solution Ltd, a sister concern of JMI Group. He also visited the NIPRO JMI Kidney Dialysis Centre Ltd, jointly owned by Japanese multinational organisation ‘NIPRO Corporation’ and Bangladesh’s ‘JMI Group’, located at the same premise of DNA Solution Ltd.

He also said, “I came here to take a PCR test for myself. I had a good experience, as I visited the entire premise. Not only the testing centre, but everything here is clean and laden with state-of-the-art equipment. NIPRO and JMI’s future is in good hands, especially their joint ventures in the healthcare sector. I wish the very best for JMI and NIPRO.”

Md. Abdur Razzaq, Founder and Managing Director of JMI Group, informed the media that NIPRO Corporation has joint investments with 4 of JMI Group’s sister concerns, from which an investment of Tk. 124 crore was made even during the Covid-19 outbreak in 2020.