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PM announces dedicated task force for Japan\\\'s investors

Tuesday, 27 May 2014


Prime Minister Sheikh Hasina on Tuesday announced constitution of a dedicated task force to support Japan’s companies to do their business conveniently in Bangladesh. ‘We highly value the Japanese investment,’ the Prime Minister said.  She said forty industrial plots in Bangladesh’s Export Processing Zone (EPZ) areas were kept reserved exclusively for the Japanese investors. She hoped that Japanese investors would respond positively to the gesture. Sheikh Hasina was addressing a seminar on Investment and Business Opportunities in Bangladesh at the headquarters of Japan External Trade Organisation (JETRO) in Tokyo. Hasina said despite many odds, Japanese investors have associated their innovation and human resources with all nations and have been helping the least developed and developing countries over the decades. Bangladesh is one of those countries which was benefited from Japanese trade, investment and technological cooperation, she added. Midori Matsushima, state minister of economy, trade and industry of Japan, Koji Takayanagi, committee chairman of the Japan-Bangladesh committee for commercial and economic cooperation, Hiroyuki Ishige, chairman, JETRO also spoke on the occasion. Later, a memorandum of understanding between Bangladesh Export Processing Zone Authorities (BEPZA) and JETRO was signed on allocating plots for Japanese investors in BEPZA zones, according to UNB.