Bashir urges top Japanese investors to invest more in Bangladesh

Commerce Adviser Sk. Bashir Uddin today called upon the top Japanese investors to invest more in Bangladesh.

He made this call in a bilateral meeting with representatives of Japan's one of the largest trade groups NEXI (NIPPON), Mitsui, Marubeni, HSBC, Mitsubishi Heavy Industry and JT in Tokyo.

The Commerce Adviser said that currently the bilateral trade volume between Bangladesh and Japan is about US$4 billion while Japan is Bangladesh's one of top five export destinations, said a Commerce Ministry press release.

"Currently, more than 350 Japanese companies are operating in Bangladesh. We expect more investment from Japan," Bashir added.

Terming Japan as a very important strategic partner for Bangladesh, he said, "We're very proud of our relationship with Japan. They are one of our close friends and a major development partner."

The Commerce Adviser also urged the Japanese side to import more products as well as manpower from Bangladesh. 

In the meeting, the top Japanese business representatives assured to continue their business and thus increase their investment in Bangladesh.

Bangladesh Ambassador to Japan Md. Daud Ali, JETRO Representative Iuji Ando and JICA Representative Yasuyuki Murahashi, Commercial Counselor to Japan Morarji Desai Burman and representatives of Bangladesh Investment Development Authority (BIDA) and National Board of Revenue (NBR) were present in the meeting.

Later, the Commerce Adviser had a meeting with Watami Group Head Miki Watanabe.