BUSINESS

Japan to increase investment

Japan will make additional investments in Bangladesh after situation returns to normal from the corona pandemic.

Japanese ambassador to Bangladesh Naoki Ito said this when he called on prime minister Sheikh Hasina at Ganobhaban on Sunday.

After the meeting, prime minister’s press secretary Ihsanul Karim briefed reporters.

He said that Naoki Ito apprised Sheikh Hasina of the progress of various Japanese projects in Bangladesh.

Referring to Matarbari project, the ambassador said, despite pandemic situation, work of the project was progressing and it would be an industrial hub of Bangladesh and a game changer for the country.

About the special economic zones, the Japanese Envoy said, the economic zone at Arhaihazar of Narayanganj will be ready in the next year.

Japan is also constructing another Special economic zone in Mirsharai of Chattogram which will be the second largest one for Japan in terms of investment, he said.

Naoki Ito handed over to the prime minister a message of the Japanese prime minister and a video documentary on the visit of Bangladesh’s founding president Sheikh Mujibur Rahman to Japan in 1973 titled Welcome Bangabandhu (1973).

During the call on, the prime minister highly appreciated Japan’s contribution to Bangladesh’s economic development.

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