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Bangladesh to allocate more space for Japanese industries

 Published: 15:10, 7 September 2023

Bangladesh to allocate more space for Japanese industries

Bangladesh Prime Minister Sheikh Hasina on Tuesday said that her country will allocate more space to Japan in export processing zones (EPZs) for setting up industries if they want.

The premier said this as a Japanese delegation informed her that many companies of their country are interested to invest in Bangladesh.

Sheikh Hasina said, "Bangladesh has given space to Japan in the EPZs, and we can give more (space) if Japan wants to set up industries."

The five-member Japanese parliamentary delegation, led by director of the committee on general affairs, House of Councillors, Nakanishi Yusuke paid the courtesy call on the Prime Minister at her official residence Ganabhaban.

The premier's press secretary Ihsanul Karim briefed the reporters after the call on.

The delegation said that the existing development partnership between Japan and Bangladesh has to be carried forward and strengthened further.

Japan has been working on different mega projects, including the metro-rail, said the delegation members, adding: "Japan is contributing in infrastructure development, especially mega projects of Bangladesh."

Lauding the commencement of direct flight between Dhaka and Narita, they said it will improve the connectivity.

The Japanese delegation also stressed the necessity of keeping the Indian Ocean peaceful for trade and business.