EBL opens Japan desk to woo investors

Business Desk :
Eastern Bank Ltd has set up the EBL Japan Business Desk as part of its efforts to attract Japanese entrepreneurs and make their investment journey to Bangladesh smooth.
EBL is the first local lender to have established the desk for Japanese investors, a development that may speed up the flow of foreign direct investment from the East Asian nation.
The desk will be a one-stop service designed for Japanese companies and individual investors.
In a recent survey carried out by the Japan External Trade Organisation (Jetro), more than 60 per cent of Japanese companies operating in Bangladesh have expressed eagerness to expand, said Ito Naoki, ambassador of Japan to Bangladesh, at the launch of the desk at the EBL head office in Dhaka on Thursday.
“Bangladesh has shown rare example of resilience in bouncing back from the coronavirus pandemic, and the World Bank has forecast 6 per cent plus GDP growth for 2022,” he said.
Japan has already invested more than $6.5 billion in Bangladesh to implement various projects through the Japan International Cooperation Agency.
The projects include the Dhaka Metro Rail, the Matarbari power plant, the deep sea port, and the third terminal of the Hazrat Shahjalal International Airport.