Consistent tax policies, right incentives can draw large FDI
Tareq Rafi Bhuiyan Jun, secretary-general of Japan-Bangladesh Chamber of Commerce and Industry, says in an interview
Tareq Rafi Bhuiyan Jun
The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan s biggest recipient of official development assistance in 2020. Since the Covid-19 pandemic started more than a year ago, there has been a lot of talks and anticipation about Japanese businesses moving base to Bangladesh. In a series of high-profile interviews, The Daily Star tries to understand the increasing interest of Japanese investors in Bangladesh, its growth prospects, barriers to growth, ground realities, and on how to attract more Japanese investment. As part of the series, today, we are running the interview of Tareq Rafi Bhuiyan Jun, secretary-general of the Japan-Bangladesh Chamber of Commerce and Industry.
Foreign Minister Dr AK Abdul Momen has said there is enormous scope for private sectors of Bangladesh and Japan to engage in trade and investment for mutual benefit. "We intend to conclude a Free Trade Agreement with Japan. These will create enormous scope for private sectors of the two countries," he said while addressing a webinar on 'Bangabandhu and Japan' held recently.
Huge scope for Japan-Bangladesh pvt sectors to engage in trade, investment: FM
UNB
20th February, 2021 04:02:53
Foreign Minister Dr AK Abdul Momen has said there is enormous scope for private sectors of Bangladesh and Japan to engage in trade and investment for mutual benefit. We intend to conclude a Free Trade Agreement with Japan. These will create enormous scope for private sectors of the two countries, he said while addressing a webinar on ‘Bangabandhu and Japan’ held recently.
With Japan, Dr Momen said, Bangladesh is now implementing a number of mega-projects for connectivity and power generation. We are engaged in Public-Private Economic Dialogue for strengthening business and investment ties, he said adding that special Export Processing Zone is being set up in Araihazar for the Japanese investors.
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