Local business can balance SDG achievement for consistent economic growth

JICA Chief at a seminar

Published : 30 Nov 2023 08:09 PM

JICA Chief in Bangladesh Ichiguchi Tomohide  stressed importance of nurturing local business entities, mentioning that they can balance profit and SDGs achievement for the consistent economic advancement of Bangladesh.

The Chief Representative of JICA Bangladesh office also shared that JICA is actively involved in fostering the development of future businesses in Bangladesh with initiatives such as JICA's accelerator program, known as JICA Ninja (Next Innovation with Japan) held in 2021 and the ongoing Product Market Fit (PMF) trial.

He was addressing a “Seminar on Private Sector Contribution to the SDGs” in Dhaka, organized recently by Japan International Cooperation Agency (JICA) Bangladesh. 

The event brought together 24 Japanese companies, 8 Bangladeshi financial institutions/investors, and 8 local startups in a quest to forge impactful partnerships driving Sustainable Development Goals (SDGs) through their business in Bangladesh.

Distinguished Bangladeshi startups, Light of Hope, Moner Bondhu, Women in Digital, Bioforge, Drishti, Wreetu, Wander Women, and Leatherina, showcased their remarkable SDG contributions on crucial areas like education, healthcare, environment, and women's empowerment. 

JICA introduced these visionaries to Japanese companies and Bangladeshi financial institutions, fostering potential collaborations for future sustainable ventures.

5 Japanese companies also presented their activities related to the social development and achievement of SDGs in Bangladesh. 

Farhad Reza, Chief Executive Officer of National Advisory Board for Impact Investment in Bangladesh streteched the role of impact investment to achieve SDGs. 

This seminar, a cornerstone of JICA's SDGs Business Support Program, signifies a pivotal stride in fostering dynamic Japanese-Bangladeshi collaborations. 

It not only serves as a platform for innovative partnerships but also champions sustainable initiatives, driving the shared vision of advancing the SDG agenda in Bangladesh and beyond.