A Malek

2018-11-28 12:07:53 BdST

Japan to continue support to Bangladesh’s development

Japan has assured that it would continue support to Bangladesh for further accelerating the country’s development activities aimed to realize the dream of ‘Sonar Bangla.’

The commitment came from a reception to celebrate the birthday of the Japanese emperor at the Japan Embassy in the city on Saturday, said a press release today.

Planning Minister AHM Mustafa Kamal and Japanese Ambassador to Bangladesh Hiroyasu Izumi, among others, delivered speeches on the occasion.

In his speech, Hiroyasu Izumi said Japan has always been the single biggest bilateral donor for Bangladesh. “The amount of ODA towards Bangladesh is around two hundred billion yen (equivalent to 1.8 billion US dollars) this year, which records the largest ever yen loan support to Bangladesh for one year,” he added.

He expressed his firm commitment to contribute to Bangladesh’s development to realize the dream of the country, ‘Sonar Bangla.’

“In coming years, we will renew our record year by year. Japan’s ODA to Bangladesh has increased so rapidly that Bangladesh is now the second largest recipient of Japan’s ODA in the world, next to India. This fact also attracts Japanese companies to Bangladesh increasingly,” he added.

The Japanese envoy also said endowed with geographical advantage, huge population and its constantly growing economy for more than a few decades, Bangladesh is now focused as a country of tremendous potential for development and attracting more and more foreign companies for investment.

Unauthorized use or reproduction of The Finance Today content for commercial purposes is strictly prohibited.

Popular Article from Exclusive