Dhaka, Bangladesh (BBN)– International Human Resource Network Organization (IHRNO), a Japan-based organization, has expressed its interest to work as business promotion agent to help increase Japanese investment flow in Bangladesh removing the existing barriers.
The IHRNO officials said though Bangladesh has potentials to attract Japanese investment to small and medium industries, some barriers, including language and culture, and technological obstacles discourage Japanese entrepreneurs to invest in Bangladesh.
The IHRNO officials showed the interest when they met Industries Minister Dilip Barua at his Shilpa Bhaban office in Dhaka on Monday, an official statement said.
IHRNO President Shigeru Muramatsu and its Bangladesh representative SK Links (BD) Limited managing director Hirokazu Muramatsu were among the IHRNO delegation members.
During the meeting, Muramatsu expressed interest in investing in Bangladesh’s prospective sectors like automobile, light engineering, jute goods, leather, handicrafts, renewable energy, organic fertilizer and SME sector.
Muramatsu said they would set up a centre in Japan for the display and promotion of Bangladeshi products.
Dilip Barua appreciated the initiative and suggested relocating Japanese hi-tech industries in Bangladesh. “With this process, entrepreneurs of both the countries will be benefited.”
BBN/SSR/AD-15May12-9:50 am (BST)