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Investing in Bangladesh is a new frontier in Asia: Japan's envoy



Naoki Ito, Japan's ambassador to Bangladesh, has said that Bangladesh is the next frontier for investment in Asia. "From the point of view of Japanese investors, Bangladesh will establish itself as a destination of China Plus One investment. Companies are now looking beyond China as a destination of investment," he said at the "DCAB Talk" organized by the Diplomatic Correspondent Association of Bangladesh Thursday at the Jatiya Press Club in Dhaka.


Naoki Ito continued, "Bangladesh's opportunity to shine up and transform is there; we just need the environment. The Padma Bridge and Dhaka Metro are on their way within five years."

"Japanese companies will not be the first to invest and explore this new market, but once the infrastructure and environment are in place, they will commit long-term," he added.


source: TBS

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