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Bangladesh has sought the opening of an office of the Japan Bank for International Cooperation (JBIC) in the country as part of efforts to boost investment and economic cooperation in energy, ICT and infrastructure.
The proposal was discussed at a meeting between Prime Minister Tarique Rahman and JBIC Governor Kazuhiko Amakawa in Japan at 9:30am local time on Wednesday.
During the meeting, Tarique expressed gratitude to JBIC for its contributions to Bangladesh’s economic development and its investment and cooperation in various sectors.
The prime minister said his government had undertaken initiatives to reform and simplify regulations to ensure a business-friendly environment and attract both domestic and foreign investment.
He said the government was committed to formulating investment-friendly policies and improving the overall business climate.
Tarique also noted that JBIC’s priority projects were aligned with the development priorities of the current government.
At the meeting, Bangladesh requested JBIC to establish an office in the country. Amakawa said he would give serious consideration to the proposal.
The meeting also discussed expanding investment and economic cooperation, particularly in the energy, information and communication technology (ICT) and infrastructure sectors.
Those present at the meeting from Bangladesh included Finance and Planning Minister Amir Khasru Mahmud Chowdhury, Prime Minister’s Adviser on Finance and Planning Rashed Al Mahmud Titumir, State Minister for Foreign Affairs-1 Humayun Kabir, Invest Bangladesh Chairman Ashik Chowdhury and Bangladesh Bank Governor Md Mostakur Rahman.
Prime Minister’s Special Assistant Dr Shakirul Islam Khan and Additional Press Secretary Atikur Rahman Rumon were also present, among others.