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BD seeks Japanese investment for Chattograms "BIG-B" initiative

Published : Thursday, 16 May, 2024 at 12:00 AM  Count : 209
Foreign Minister Hasan Mahmud on Wednesday sought Japanese support for the development of Southern Chattogram under the BIG-B initiative to enhance connectivity in the region and beyond.

He sought the support from the Japanese government during a meeting with Japans Parliamentary Vice Minister for Foreign Affairs HOSAKA Yasushi at the Ministry of Foreign Affairs.

During the meeting, both the Vice Minister and the FM expressed satisfaction at the close cooperation between Bangladesh and Japan in different multilateral fora and hoped that both the countries will continue close cooperation for international peace and security, and sustainable development.

Hasan emphasised on more Japanese investments in Bangladesh, particularly in the Special Economic Zones in Aaraihazar and Bangabandhu Sheikh Mujib Shilpa Nagar at Mirsarai in Chattogram. However, he thanked the Vice Minister for representing the government of Japan in the ICPD30 Global Dialogue in Dhaka, according to a release.  

Hasan expressed satisfaction at the good progress of JICA-assisted mega-infrastructure projects, including Matarbari deep seaport, Matarbari Coal Fired Power Plant, Dhaka Metro Rail, etc.

 He thanked the government of Japan for the continued efforts towards a durable solution for the safe, sustainable, and dignified return of the forcibly displaced Myanmar nationals (Rohingyas) to the Rakhine State of Myanmar for peace, stability, and security in the region.

 Hasan expressed hope that an Economic Partnership Agreement (EPA) would be concluded to get Japanese financial concessions by 2026 when Bangladesh will be graduated from LDC status.

He thanked Japan for sending the Trade Negotiating Team for EPA which will visit Dhaka from 19-23 May 2024 for the 1st round of Japan-Bangladesh Economic Partnership Agreement (EPA) Negotiations.

Hasan sought Japans assistance in helping Bangladesh develop its ship recycling industry in a safe and sustainable manner, the release said.

He recalled the unwavering Japanese support for the cause of our independence in 1971 as well as the historic official visit of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman to Japan in October 1973.

The government of Prime Minister Sheikh Hasina would like to strengthen the existing strategic partnership between Bangladesh and Japan to further heights and engagements, he appraised.

He sought necessary funds through JICA in this regard to expedite the process. The Vice Minister informed that Japan would shortly send a technical expert team in this regard.

The Japanese Vice Minister referred to Bangladesh as a country of growing population and booming economy.


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