Japan eager to invest in Bamboo farming

Japan has proposed to invest in hybrid bamboo plantation in Karnaphuli Paper Mills (KPM) areas of the country, aiming to boost KPM production through uninterrupted raw material supply.
Former Japanese foreign minister Tetsuro Yano, also the president of Association of African Economy and Development Japan ECA Committee, made the proposal during a meeting with Industries Minister Amir Hossain Amu in the city on Monday, report agencies.
Appreciating the offer, the industries minister also urged the Japanese delegation to come up with a coordinated proposal for balancing, modernisation, rehabilitation and expansion (BMRE) of KPM to increase its production.
Terming Japan one of the major development partners of Bangladesh, the minister said Japan has made substantial contributions towards rebuilding Bangladesh economy after the Liberation War.
They also discussed possible Japanese investment to local industrial sectors.
Among others, Industries Secretary M Mosharraf Hossain Bhuiyan, First Secretary to Japanese Embassy in Dhaka Kawakami Takayuki, Angelica Japan Bangladesh President N Ahsan Willfam and its Bangladesh Country Director Major Manzoor (retd) and Coldwell President Khairul Majid Mahmood were present at the meeting.