‘Japan to invest in SEZ’

3 August, 2017 12:00 AM printer

Japan has decided to invest in a Special Economic Zone (SEZ) in Bangladesh, Commerce Minister Tofail Ahmed said on Wednesday.

"A Japanese business delegation will be here soon," he said after a meeting with Japanese Ambassador Masato Watanabe at his secretariat office, reports BSS.

Bangladesh is developing 100 SEZs across the country as per the decision of Prime Minister Sheikh Hasina. The decision of Japan's investment was taken during its premier's recent visit to Bangladesh.

Mentioning that 350 Japanese companies are now investing in Bangladesh against only 35 companies 10 years ago, Tofail said there is immense business potentials between Bangladesh and Japan. Bangladeshi RMG, leather and leather goods along with other products have a good demand in Japanese market, he added.