The Bangladesh government needs to take good care of Japanese companies operating here to attract more foreign direct investment (FDI) from the island country as many business entities are waiting to bring in investment, said Japanese Ambassador to Bangladesh ITO Naoki yesterday.

Currently, 310 Japanese companies are operating in different sectors in Bangladesh. Very often they complain about not getting the same facilities provided to local companies by the government.

For instance, when the government disburses any loan facility or cash incentives on export, foreign companies do not enjoy the same benefits enjoyed by the local companies.

"We have a long list of Japanese companies that have already invested in Bangladesh and many are waiting to invest here," Naoki said.

He was addressing a virtual meeting on "Implications of COVID-19 on FDI inflow to Bangladesh: Challenges and Way Forward" organised by the Dhaka Chamber of Commerce and Industry (DCCI).

https://www.thedailystar.net/business/news/japanese-companies-very-keen-bangladesh-envoy-1949433