A high-level Bangladesh delegation met officials of top Japanese companies and business groups in Osaka on Thursday, aiming to build stronger trade and investment ties with them.
This effort is part of Bangladesh’s plan to attract more foreign direct investment (FDI) and expand its international trade network.
The delegation, led by Chairman of the Bangladesh Investment Development Authority (BIDA) Chowdhury Ashik Mahmud Bin Harun, included BIDA Director General, Head of Business Development, representatives from the Bangladesh Bank and the National Board of Revenue (NBR), and the Commercial Counsellor from the Bangladesh Embassy in Tokyo, according to a release.
The team met Shoji Uehara, executive officer of Daikin Industries Ltd, a world leader in air conditioning, automotive products, and semiconductors.
Daikin showed strong interest in investing in Bangladesh’s growing industrial and technology sectors, the BIDA says.
They also spoke to Masahiro Imai, ambassador and senior vice president of ITOCHU Corporation, a major Japanese company involved in textiles, machinery, metals, and food.
ITOCHU expressed its intent to increase sourcing and explore new investment opportunities in Bangladesh’s textile and manufacturing industries.
In another meeting with the Osaka Chamber of Commerce and Industry (OCCI), led by Moishima Hiromitsu, representatives from various industries such as electronics, metals, manufacturing, textiles, and IT discussed knowledge-sharing and ways to support easier trade between the two countries.
During the meetings, BIDA chairman highlighted that the reforms taking place in Bangladesh is aimed at creating a more business-friendly environment.
He said, “We are committed to strengthening our economic ties with Japan and are eager to welcome more Japanese businesses to invest in Bangladesh.”
These meetings mark an important step towards improving Bangladesh-Japan economic cooperation and opening doors for new investments and stronger trade partnerships.
