#Title

JAPAN STRESSES THREE FACTORS

Factory upgradation Factory relocation Realistic energy transition
RECOMMENDATION
Japan called for improving business environment
FACTORY RELOCATION
PARTNERSHIP DEAL
FY19
FY20
FY21
FY22
Factories from Japan already started relocation to Bangladesh
Nearly 350 Japanese companies are operating in Bangladesh
Construction work of the Japanese economic zone began last year
Bangladesh and Japan are going to sign Economic Partnership Agreement
A joint study on the agreement will end this week
Bangladesh received record $100m from Japan in 2022
Cumulative investment: $675m
TOP SECTORS OF INVESTMENT
Transport and vehicle: $202m
Construction: $68.5m
Textile and clothing: $45m
Power: $23m
Gas and petroleum: $19m
EXPORT
Export to Japan hit about $2b last fiscal year
Japan is the second largest export destination in Asia after India