Leading bi-lateral chamber, Japan-Bangladesh Chamber of Commerce & Industry (JBCCI) has hailed the government's emphasis on sustainable and inclusive economic growth in the proposed National Budget for FY2026-27.
Congratulating the government on presentation of the, JBCCI in a statement expressed it’s ho[e that the EPA, together with continued domestic reforms, can substantially deepen bilateral trade and investment and strengthen Bangladesh's integration into global supply chains.
JBCCI, in a statement, also opine that at a time when the global economy continues to face significant uncertainty, the budget demonstrates a commitment to maintaining macroeconomic stability, strengthening fiscal discipline, controlling inflation, and creating a more conducive environment for domestic and foreign investment.
The trade body also appreciates the move of the government on continued focus on improving the quality of life through investments in education, healthcare, social protection, and employment generation reflects a long-term vision for national development.
“These priorities are essential not only for social progress but also for building a productive and skilled workforce capable of supporting Bangladesh's transition to a higher-value economy. We particularly appreciate the government's recognition of the private sector as a key engine of economic growth”, said JBCCI.
The emphasis on improving the business environment, encouraging industrial diversification, promoting exports, and attracting foreign direct investment sends a positive signal to the international business community.
The initiatives aimed at digitalisation of tax and customs administration are especially encouraging.
Measures to automate VAT registration, expand online compliance systems, recognise ERP-based documentation, and introduce more structured audit procedures have the potential to improve transparency, reduce administrative burdens, and enhance predictability for businesses.
Such reforms are consistent with international best practices and will contribute to improving Bangladesh's ease of doing business.
JBCCI also welcomes reforms relating to customs modernisation, bonded warehouse operations, logistics, and the establishment of Free Trade Zones.
Efficient customs procedures and modern logistics infrastructure are among the most important considerations for Japanese manufacturers and global supply chain operators when selecting investment destinations.
Continued progress in these areas will strengthen Bangladesh's competitiveness within regional and global value chains.
The budget's incentives for emerging industries—including electric vehicles, battery technologies, semiconductors, advanced electronics, medical devices, and other technology-driven sectors—demonstrate an encouraging commitment to future-oriented industrial development.
These initiatives have the potential to attract high-quality investment, encourage technology transfer, and create skilled employment opportunities for the country's young population.
The budget also comes at an important moment in Bangladesh-Japan economic relations. As both countries move toward the implementation of the Bangladesh-Japan Economic Partnership Agreement (EPA), Bangladesh has a unique opportunity to position itself as a preferred destination for Japanese investment in manufacturing, infrastructure, logistics, technology, and services.
The EPA, together with continued domestic reforms, can substantially deepen bilateral trade and investment and strengthen Bangladesh's integration into global supply chains.
While JBCCI views the overall direction of the budget positively, several challenges deserve continued attention to maximise its intended benefits.
Regulatory stability and policy predictability are particularly important for Japanese companies, which typically make investment decisions with long-term horizons extending over decades. Stable taxation, transparent customs administration, and consistent regulatory frameworks significantly reduce investment risk and encourage larger commitments.
