Japanese investors invited to invest in EZs

Ambassador of Bangladesh to Japan Shahabuddin Ahmed urged Japanese investors to invest in special and other Economic Zones (EZs) of Bangladesh as Bangladesh has offered fiscal and non-fiscal incentives to foreign investors, reports UNB.

Shahabuddin Ahmed came up with the call while speaking at a seminar on "Investment opportunities in economic zones in Bangladesh" held at the Seminar Hall of JETRO Headquarter, Tokyo on Wednesday, said a press release.

The Embassy of Bangladesh in Japan and Japan External Trade Organization (JETRO) jointly organised the seminar.

The ambassador also encouraged representatives of Japanese companies to visit Bangladesh by the Biman Bangladesh Airlines direct flight and physically experience the investment environment in Bangladesh.

Executive Chairman of Bangladesh Economic Zone Authority (BEZA) Shaikh Yusuf Harun was present at the seminar. The BEZA Executive Chairman shared BEZA's initiatives to establish 100 economic zones with aims to create 10 million jobs in Bangladesh.

He expressed BEZA's intention to further improve the investment scenario through exchange of views with concerned parties.

Executive Vice President of JETRO Mayumi Murayama addressed her view on visits to Bangladesh and mentioned Japanese companies have opportunities for business and investment in Bangladesh.

Chiharu Tagawa, Managing Director of Bangladesh Special Economic Zone, gave an introduction on BSEZ, which is a joint venture between Sumitomo Corporation, BEZA and JICA.

Lion Corporation, an investor company in BSEZ, also shared their business experiences in Bangladesh.

JETRO Dhaka Country Representative Yuji Ando in his speech mentioned that the Bangladesh economy has been solid even under the global volatile economic situation and there are huge opportunities for Japanese companies for business and investment.