Bangladesh has attracted fresh investment interest from Indonesia-based firm Japfa Ltd, particularly in the agriculture and poultry sectors, during a meeting with Commerce Minister Khandakar Abdul Muktadir on Wednesday.

At the meeting held at the ministry, both sides discussed ways to strengthen bilateral trade relations, enhance investment, and promote mutual cooperation for economic development.

“Bangladesh is rapidly advancing as an emerging economy. Thanks to various government policy supports and reform initiatives, the investment climate in the country has reached a highly satisfactory level,” the minister said.

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Highlighting the open and supportive environment for foreign investors, he urged greater investment in agriculture and poultry sectors. “Such investments will further strengthen these sectors and contribute significantly to the country’s economic growth.”

The minister also noted that the government gives special importance to foreign investment to ensure sustainable economic development and is providing all necessary assistance in this regard.

Japfa Executive Chairman Renaldo Santosa expressed the company’s interest in expanding investment in Bangladesh’s agriculture and poultry sectors.

He praised the country’s growing market, promising agricultural potential, and investor-friendly environment.

The Indonesia-based multinational agribusiness firm has been investing in Bangladesh since 2020, and has already started production activities in the poultry feed sector.

Japfa’s investment operations in Bangladesh are managed under the Bay Group. Globally, Japfa currently generates an annual turnover of around USD 4.7 billion, with a target to reach USD 10 billion by 2030.