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Japanese investors urged to invest in Bangladesh

UNB . Dhaka
20 Oct 2023 18:01:16 | Update: 20 Oct 2023 19:43:55
Japanese investors urged to invest in Bangladesh
— UNB Photo

LGRD and Cooperatives Minister Md Tazul Islam has urged the Japanese investors to invest in Bangladesh and make the relations stronger on trade and investment front.

"Japan remains a very good and trusted friend of Bangladesh. There is huge opportunity in Bangladesh to explore," he told a visiting Japanese business delegation.

A dinner was hosted at Dhaka Club in honour of the visiting Japanese delegation on Thursday night.

Jatiya Press Club General Secretary and Editor of the daily Bhorer Kagoj Shyamal Dutta delivered welcome remarks.

The LGRD Minister said Bangladesh wants to become a developed country and there is huge potential to work for further infrastructure development.

"Bangladesh is providing all kinds of facilities for the foreign investors," he said, adding that the investors will get adequate workers in Bangladesh and a very good investment environment prevails in the country.

Describing Japan a trusted friend, Shyamal Dutta said the Japanese complete their projects even before schedule.

He said Bangladesh is walking towards the next phase of development and Japan is a partner of Bangladesh's growing development.

Earlier, the Japanese delegation met PM's Advisor Salman F Rahman and discussed issues of mutual interest.

At the invitation of the Prime Minister of Japan Kishida Fumio, PM Sheikh Hasina made an official visit to Japan from 25th to 28th April this year.

During the visit, Prime Minister Kishida had a summit meeting with Prime Minister Hasina on April 26.

The two Prime Ministers confirmed that guided by the traditional and time-tested friendship since the independence of Bangladesh, the two countries have achieved significant progress in bilateral relations based on the “Comprehensive Partnership” established in 2014.

Noting that the two countries celebrated the 50th anniversary of the establishment of diplomatic relations in 2022, as a manifestation of commitment and determination to contribute to enhancing the bilateral relationship based on common values and mutual interests, they decided to elevate the bilateral relationship to a “Strategic Partnership” as a guiding principle to lead the two countries’ journey into the next 50 years and beyond.

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