Japanese entrepreneurs keen to invest in Bangladesh: Abe
Japanese Prime Minister Shinzo Abe today said Japanese entrepreneurs want to invest in transport, infrastructure, power and energy and garment sectors mainly to increase the bilateral trade with Bangladesh.
"Bangladesh is an emerging economy. So, our government plans to promote Japanese investment in Bangladesh. Bangladesh is also an important partner of Japan in South Asia," said Abe, who arrived this afternoon in a 21-hour visit.
The Japanese PM was addressing the business luminaries of both Bangladesh and Japan at Sonargaon Hotel in Dhaka.
Chiefs of major business houses of both the countries were present at the meeting.
Bangladesh garment export to Japan is on the rise for relaxation of the Rules of Origin (RoO) by the Japanese government under the Generalised System of Preferences (GSP) of Japan, Abe pointed out.
In 2011-12 fiscal year Bangladesh’s garment export to Japan increased by 38.8 percent from the previous year for having the trade benefit, he said.
Comments