Japanese investors can now installation readymade garment units in a special monetary sector (SEZ) dedicated to Bangladesh trade Minister Tofail Ahmed has said.
The statement got here after his latest assembly with eastern ambassador to Bangladesh Masato Watanabe in Dhaka. Japan has promised to invest round $6 billion in Bangladesh, Ahmed stated. Japan worldwide Cooperation business enterprise (JICA) is running carefully with Bangladesh monetary authority (BEZA) for the dedicated SEZ,
in order to be set up soon, Watanabe stated. Trade Secretary Bose and Senior officers Ministry had been present at the assembly, in keeping with report.
The wide variety of jap companies investing in Bangladesh witnessed a 10-fold rise from 35 ten years in the past to round 350 now, Ahmed stated. Bangladesh is growing a hundred SEZs throughout the us of a. approximately 350 Japanese companies, consisting of RMG and backward-linkage factories, are working at present inside the numerous export processing zones