Provide cash incentives to foreign investors: Japanese envoy to govt

Japanese Ambassador to Bangladesh Ito Naoki urged the Bangladesh government to provide cash incentives to the foreign investors in the country.

The ambassador said this at a meeting with Maj Gen Md Nazrul Islam, executive chairman of Bangladesh Export Processing Zones Authority (BEPZA), at BEPZA Complex in Dhaka today, according to a statement.

The ambassador also affirmed to the BEPZA executive chairman that he would inform the Japanese entrepreneurs to grab the EPZ investors' oriented best services during his next trip to Tokyo.

Japan is working closely for developing an economic partnership between Japan and Bangladesh to encourage more Japanese investment in Bangladesh.

 Islam said authority always gives priority to the business-related issues of Japanese investors to run their business smoothly in EPZ.

The BEPZA chief assured the envoy for solving every problem a new investor can face and sought more Japanese investment in the EPZs and BEPZA Economic Zone.

"I will take all the challenges and responsibility to make investment easier for the Japanese investors if the issue is related to us and will pursue if the matter is related to other departments". he added.