Humayun for JV with Japan in automobiles


Japanese investors can invest jointly in Bangladesh in its emerging automobiles, power and energy, motorcycle, manufacturing and small and medium-sized enterprise (SME) sectors to explore the favourable investment environment prevailing.

Industries Minister Nurul Majid Mahmud Humayun on Sunday made the urge at a meeting with the Japan External Trade Organization (JETRO) President Yasushi Akahoshi at the Industries Ministry here, said a press release.

“Japanese investors have already invested in the country’s different sectors, including motorcycle and fertilizer. The government will continue its’ support to expand the investment,” he said.

During the meeting, they discussed various bilateral issues, including trade and investment, among the two friendly nations.

At the meeting, Yasushi Akahoshi lauded Bangladesh for socio-economic development, saying, Japan is working with Bangladesh as a partner from the beginning. “Japanese companies are marketing their different products, including consumer items, in the country with reputation,” he added.

He urged the government to provide more supports to the Japanese investors as they can expand their investment in the country.

Humayun said Japanese products have attained the confidence of the common people of Bangladesh for its quality.

Among others, Additional Secretary of the Industries Ministry Begum Parag and JETRO Bangladesh Representative Yuji Ando were present at the meeting.