Top Japanese business executives to accompany Abe
Tuesday, 2 September 2014
Top business executives from 30-40 Japanese companies will accompany Japanese Prime Minister Shinzo Abe during his visit to Bangladesh.
Japanese companies in a variety of fields, such as trading and construction are showing ‘tremendous interest’ to come up with a large volume of investment in Bangladesh and they want to explore the potentials during September 6-7 visit, according to a news agency.
Abe and Prime Minister Sheikh Hasina will discuss Japanese assistance for the construction of an industrial zone by the Bay of Bengal, as well as such public infrastructure as power grids and roads, according to Japanese media.
After 14 years since the visit of then Japanese Prime Minister Yoshiro Mori to Bangladesh in 2000, Abe arrives here on September 6 on a two-day official visit to expand and deepen ‘Comprehensive Partnership’ between the two countries.
Besides, the Japanese Prime Minister will address the Bangladesh-Japan Economic Forum jointly organised by Bangladesh Board of Investment (BoI), Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), and Japan External Trade Organisation (JETRO) to promote trade between Bangladesh and Japan and attract Japanese investment to Bangladesh.
Japan’s Chief Cabinet Secretary Yoshihide Suga has expressed the hope that this will pave the way for the expansion of Japanese trade and investment with Bangladesh.
Japan plans to provide some 600 billion yen ($5.71 billion) in official development assistance to Bangladesh over the next four to five years, starting in fiscal 2015.