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Prime Minister Tarique Rahman has called for increased Japanese investment in Bangladesh’s promising sectors, including automobiles, semiconductors, information and communication technology (ICT), renewable energy and advanced manufacturing.
He made the call when Masumi Kakinoki, chairman of Marubeni Corporation and president of the Japan-Bangladesh Committee for Commercial and Economic Cooperation, called on him at the Imperial Hotel at around 3:45pm local time on Monday.
The meeting focused on strengthening trade, business and economic cooperation between the two countries, Deputy Press Secretary to the Prime Minister Shahadat Hossain Swapan said.
The prime minister highlighted opportunities to use Japan’s technology, expertise and experience to accelerate industrialisation, create jobs and boost economic growth in Bangladesh.
He also sought the committee’s and Marubeni Corporation’s cooperation in developing the Bangladesh Special Economic Zone.
Tarique further emphasised the need for Japanese assistance in modernising the Karnaphuli Fertiliser Company Limited (KAFCO) and assessing the feasibility of establishing a second fertiliser factory in the country.
During the meeting, the prime minister praised Kakinoki’s leadership in strengthening trade and economic cooperation between Bangladesh and Japan. He also thanked him for his role in expanding Japanese investment in Bangladesh and improving business ties between the two countries.
The prime minister reaffirmed the government’s commitment to creating an investment-friendly environment. He said the government was working to expand opportunities for Japanese businesses through regulatory reforms, simplified investment approval procedures and stronger public-private partnerships.
Finance and Planning Minister Amir Khosru Mahmud Chowdhury, Prime Minister’s Adviser on Finance and Planning Rashed Al Mahmud Titumir, State Minister for Foreign Affairs Humayun Kabir, State Minister for Power, Energy and Mineral Resources Anindya Islam Amit, Prime Minister’s Adviser on Posts, Telecommunications, Information Technology and Science and Technology Rehan Asif Asad, Invest Bangladesh Chairman Ashik Chowdhury, Bangladesh Bank Governor Mostakur Rahman and Additional Press Secretary to the Prime Minister Atikur Rahman Ruman were present at the meeting.
Earlier, on October 11, a delegation led by Marubeni Corporation President and CEO Masayuki Omoto met Tarique Rahman in Dhaka. Their discussions covered expanding Japanese investment in Bangladesh and cooperation in information technology, artificial intelligence, cybersecurity, fertiliser and energy.
