PM to visit Japan, KSA May 28-June 5
Published : Wednesday, 15 May, 2019 at 12:00 AM Count : 706
Prime Minister Sheikh Hasina and her Japanese counterpart Shinz? Abe will hold official talks in Tokyo on May 29 to explore business and trade opportunities in different sectors and strengthen bilateral relations between the two countries.
"The relations between Bangladesh and Japan are stronger during the current tenure of Prime Minister Sheikh Hasina. As an old friend, Japan is providing support to various development sectors, particularly construction of the Rupsha Bridge, metro rail, Matarbari power and other projects. These are the example of our economic diplomacy. We want to strengthen it further," a senior official of the Foreign Ministry said.
Foreign Ministry's official said Prime Minister Sheikh Hasina is scheduled to visit Japan and Saudi Arabia from May 28 to June 5 to attend two separate international summits.
"Prime Minister will attend a two day conference titled "Future of Asia" in Tokyo from May 30-31. Before that there will be high profile meeting in Tokyo to discuss business and trade. Japanese investors will also sit with the PM," the official said, adding that she will later join the OIC summit in Saudi Arabia.
During her visit to Saudi Arabia, the Prime Minister will also perform Umrah, the official added.
"During the meeting with Abe, a $US 220 crore Overseas Development Assistant (ODA) will be signed between the two countries," Foreign Ministry official said.
Bangladesh and Japan is set to explore the business opportunities in different areas, including power and energy, IT and other sector as Japanese investor said Bangladesh is their top priority for business expansion.
According to a survey conducted by Japan External Trade Organization (Jetro), majority of Japanese companies operating in Bangladesh plan to go for business expansion over the next two years, thanks to cheap labour and high profitability.
Some 73.2 percent of the 57 companies said Bangladesh is their top priority for business expansion; 61 percent said the country has high growth potential, Jetro report said. "During the meeting with his Japanese counterpart Prime Minister sheikh Hasina will seeks Japan's support to solve the Rohingya issue immediately," official said.
Tokyo is on Bangladesh's side on Rohingya issue and trying to convince the world to solve the crisis. "We are on the side of Bangladesh. We are committed to seeking support for Bangladesh. We sincerely hope for solutions to this difficult issue," Japanese Ambassador in Dhaka Hiroyasu Izumi earlier said.
As of November last year, the amount of Japanese investment in Bangladesh by private companies is $326 million. So far, the Japanese government has committed $12 billion as ODA and has already released $7 billion of the amount.