Clicky
Business

Japan-Bangladesh corridor poised for growth amid optimism and reform

Experts say at StanChart-JETRO press briefing


Published : 22 May 2025 08:58 PM

Standard Chartered Bangladesh, in association withJapan External Trade Organization (JETRO), and key government institutions, recently hosted a high-level economic briefing spotlighting the strategic importance of the Japan-Bangladesh economic corridor. 

The event brought together senior representatives from Standard Chartered, the Bangladesh Investment Development Authority (BIDA), Japan International Cooperation Agency (JICA), Japan External Trade Organization (JETRO), and the Embassy of Japan, along with business leaders and investors from both nations.

As shifting global trade dynamics heighten interest in South Asia, the event underscored growing confidence in Bangladesh’s economic resilience and reinforced the commitment of public and private sector stakeholders to unlocking new opportunities.

Naser Ezaz Bijoy, CEO, Standard Chartered Bangladesh, said, "Japan has been an unwavering friend to Bangladesh since independence—our partnership is rooted not just in policy, but in deep people-to-people ties. We are seeing encouraging signs across key economic indicators, and the outlook is more stable than it has been in years."

Yusuke Asai, CEO, Standard Chartered Japan, said, "Despite global shifts, two things remain unchanged—Standard Chartered’s commitment to the Japan-Bangladesh corridor and the unconditional friendship between our two nations. Japan is one of the world’s most globalized economies, and our companies are well-positioned to expand their footprint in Bangladesh."

Saida Shinichi, Ambassador of Japan to Bangladesh, affirmed Japan’s enduring partnership.

He said, as a faithful strategic partner, Japan remains committed to investing in Bangladesh and supporting critical infrastructure. Our ongoing Economic Partnership Agreement negotiations further highlight our shared ambition, with significant opportunities emerging across agro-business, fisheries, automotive, and textiles."

Yuji Ando, Country Representative, JETRO, reinforced investor confidence, "Bangladesh ranks number two in Asia in terms of business expansion potential, second only to India. Despite global economic and political uncertainty, existing Japanese companies are eager to expand their operations—underscoring their long-term commitment to this market."