Japanese investment
Biman’s Dhaka-Narita direct flights will boost Bangladesh-Japan trade, relations: BCCIJ president
The launch of Biman's Dhaka-Narita (Tokyo) direct flight will enhance trade and relations between the two countries, Badal Chaklader, president of Bangladesh Chamber of Commerce and Industry in Japan (BCCIJ), has said.
He said this while speaking at a reception programme organised by BCCIJ in Japan's Tokyo on Sunday (September 03, 2023) night.
He also thanked the Bangladesh government and Biman Bangladesh Airlines for launching the direct flight.
Read: After Narita (Tokyo), Biman eyeing flights to New York, Chennai, Los Angeles, Rome
"We expect that the direct flights would not be discontinued like in the past. We want more Japanese investment in Bangladesh," the BCCIJ president said.
“For boosting trade with Japan, initiatives should be taken to operate daily flights in phases. The quality of services offered by the airline should also be enhanced so that domestic and foreign passengers show more interest,” the BCCIJ president added.
Business leaders said that Japanese investors were often not interested in going to Bangladesh due to lack of direct flights. It also took a long time for Bangladeshis to travel to and from Japan.
Relations and trade between the two countries will reach a new height due to the direct Biman flights, they hoped.
They also urged Biman authorities to transport dead bodies of Bangladeshi expatriates to the country free of cost.
Business leaders also demanded harassment-free services at Dhaka airport.
Read: Dhaka-Narita Tokyo direct flights launched
State Minister for Civil Aviation and Tourism, Md Mahbub Ali, said, “We have 50 years of relationship with Japan. This relationship will grow even more due to the direct flights to Japan. Biman resumed flights to Tokyo, Japan after 17 years and it will facilitate passengers as well as cargo transportation.”
“Besides, more Japanese businessmen will now come to Bangladesh and invest here as our country has great potential,” he added.
1 year ago
Bangladesh urges Japanese businessmen to invest more in various sectors
Bangladesh Ambassador to Japan Shahabuddin Ahmed has urged the Japanese businessmen and investors to invest in various sectors in Bangladesh including information technology, garment industry, and leather.
He also highlighted Japan's involvement in various mega projects in Bangladesh and thanked the Japanese government for their continuous support.
In the context of the decreasing population in Japan, the Ambassador urged Japan's manpower recruiting agencies to recruit skilled workers from Bangladesh.
Read Japan honours businessman Matiur Rahman with Order of the Rising Sun award
He was addressing a seminar on ‘Trade, Investment and Skilled Human Resources’ held in Saitama, Japan on Wednesday.
Nearly 200 participants from Japanese companies and manpower recruiting organisations were present at the event, said the Bangladesh Embassy in Tokyo.
The seminar was organised as part of celebrating 50 years of Bangladesh-Japan diplomatic relations supported by the City of Saitama, Japan International Cooperation Agency (JICA), Japan External Trade Organization (JETRO), Saitama, UNIDO-ITPO Tokyo, and JITCO.
Read: Japan to provide US$ 5 million to promote Bangladesh primary education
From the city of Saitama, Hitoshi Shibuya, director, Department of Commerce, Industry, and Tourism, Bureau of Economic Affairs spoke.
Dr Ariful Haque, Minister (Commerce) of the Embassy delivered a presentation on trade and investment opportunities in Bangladesh, and Md Zoynal Abedin, first secretary (Labour), of the Embassy, presented on the ‘Prospects and Potentials of Skilled Human Resources in Bangladesh: Collaboration with Japan for Greater Mutual Benefit.’
Noriyoshi Fukuoka, director (South Asia), Trade Policy Bureau, Ministry of Economy, Trade, and Industry (METI) praised Bangladesh’s economic progress and prospects.
Read Japan: Lasting Rohingya solutions to help a free Indo-Pacific
Yuji Ando, country representative, JETRO Bangladesh discussed the business environment in Bangladesh through a video message.
Toshihiro Shimizu, from JICA, presented on JICA’s business supporting survey in Bangladesh and Kiminobu Hiraishi, CEO of Maruhisha Group shared business experiences of Japanese textile companies in Bangladesh.
Ambassador Shigeo Matsutomi, senior vice president, Japan International Trainee & Skilled Worker Cooperation Organisation (JITCO) discussed on sending or acceptance structure of Bangladeshi trainees & workers, and Keisuke Irako, chief director, Machida Hospital shared experiences of recruiting Bangladeshi caregivers in his hospital.
Read Japan pulls out of Matarbari-2 plant after consulting Bangladesh: Nasrul
Embassy officials, officials, and representatives from METI, JICA, JETRO, Japan Chamber, and UNIDO ITPO Tokyo, among others, attended the seminar.
2 years ago
Japanese company to invest $25m in Ishwardi EPZ
Roulin (BD) Limited, a Japanese apparel manufacturing company, is going to expand its business in Ishwardi EPZ and create employment for 3,500 Bangladeshis.
The enterprise signed an agreement to this effect with BEPZA on Wednesday.
Recently, the major share of the company was taken over by Matsuoka Corporation, a major player in the wholesale sector of Japan. Now the new shareholder will expand the existing operation of Roulin (BD) by investing $25 million where 3,500 Bangladeshis will be employed.
Read: BEPZA gives highest priority to workers’ safety, welfare: Law Minister
Roulin (BD) has been operating their business in IEPZ since 2011 and invested $4.53 million.
In presence of the Executive Chairman of Bangladesh Export Processing Zones Authority Major General Md Nazrul Islam, Member (Investment Promotion) Md Mahmudul Hossain Khan for BEPZA and Representative of Matsuoka Corporation Osamu Sasaki on behalf of Roulin (BD) signed the agreement at BEPZA Complex, Dhaka.
BEPZA is trying its best to attract foreign and local investment in the EPZ even during the Covid-19 pandemic. Investment-friendly policies of the government and favourable investment atmosphere of EPZs are encouraging Japanese investors including others to invest in EPZs.
Read Dekko ISHO Group joins hands with Markopolo.ai to contribute to IT industry growth
Presently, 31 Japanese enterprises have invested $525 million in the EPZs and created employment opportunity for 13,500 Bangladeshis.
Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Secretary Md Zakir Hossain Chowdhury, General Manager (Public Relations) Nazma Binte Alamgir and General Manager (Investment Promotion) Md Tanvir Hossain of BEPZA including Managing Director of Roulin (BD) Md Mahbubar Rahman were present at the signing ceremony.
Read: Korean envoy discusses investment issues with BEPZA Executive Chairman
3 years ago
PM seeks more Japanese investment in power, energy sector
Prime Minister Sheikh Hasina on Monday sought more Japanese investment in power and energy sector of the country to meet the growing demand of electricity.
4 years ago