Naoki reiterates Japan’s commitment to support Bangladesh
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
MONDAY, MAY 23, 2022
MONDAY, MAY 23, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
Naoki reiterates Japan’s commitment to support Bangladesh

Bangladesh

BSS
02 April, 2021, 01:35 pm
Last modified: 02 April, 2021, 02:20 pm

Related News

  • Japan Ambassador visits Rohingya refugees in Bhasan Char
  • Grappled with irregularities, Bangladesh fails to exploit Japanese market
  • Japanese ambassador for Bangladesh-Japan direct flight this year 
  • Japan, WFP to provide $4.5M for food and agricultural assistance to Rohingyas  
  • Japan to stand by Bangladesh’s development journey: Ambassador

Naoki reiterates Japan’s commitment to support Bangladesh

Bangladesh became the largest Japanese Yen Loan recipient country for the Japanese Fiscal Year 2020 (April 2020 to March 2021).

BSS
02 April, 2021, 01:35 pm
Last modified: 02 April, 2021, 02:20 pm
Japanese Ambassador to Bangladesh Naoki Ito. Photo: Collected
Japanese Ambassador to Bangladesh Naoki Ito. Photo: Collected

Ito Naoki, Ambassador of Japan to Bangladesh, has reiterated Japan's commitment to support Bangladesh in achieving its development goals.

Naoki expressed such notion in a virtual meeting with Fatima Yasmin, Secretary of the Economic Relations Division (ERD) yesterday.

In response, the ERD Secretary acknowledged Japan's continued support that has increased consistently over time and also for the commitment for future assistance, said a press release today.

They also exchanged views on the future economic cooperation under Japanese Overseas Development Assistance or Yen Loan Program.

The release said ERD has recently requested Japanese Government to include six projects to their 42nd Yen Loan package for the Japanese financial year 2021 (April 2020 – March 2021).

These projects are: 1) Dhaka Mass Rapid Transit Line 1 (2nd Tranche), 2) Dhaka Mass Rapid Transit Line 6 (5th Tranche), 3) Matarbari Coal Fired Power Project (6th Tranche), 4) Matarbari Coal Fired Power Project, 2nd Phase, 5) Southern Chattogram Regional Development Project and 6) Health Sector Development Policy Loan.

Among those, Southern Chattogram Regional Development Project and Matarbari Ultra Super Critical Coal-Fired Power Projects will serve to promote the Initiative of The Bay of Bengal Industrial Growth Belt (BIG-B).

The BIG-B initiative is to accelerate industrial agglomeration along the Dhaka-Chattogram-Cox's Bazar belt area and beyond, encompassing developing economic infrastructure, improving investment environment and fostering connectivity.

Due to the adverse impacts on the human life and livelihood caused by the Covid-19 pandemic, ERD also requested for budget support loan to deal with the raging Covid-19.

The extent of cooperation and strong partnership between the two countries have further deepened after the visits of the Prime Minister of Bangladesh Sheikh Hasina to Japan and the then Prime Minister of Japan Shinzo Abe to Bangladesh in 2014.

The Government of Japan committed JPY 373,247 Million Japanese Yen (US$ 3,393 Million) loan to the Government of Bangladesh in their Fiscal Year 2020 (April 2020 – March 2021).

The total loan includes project loans and financial assistance for Covid-19 recovery measures. This made Bangladesh the highest Japanese loan commitment recipient in Japan's FY 2020.

Top News

Naoki / Ambassador Ito Naoki / Ito Naoki / Japanese Ambassador Ito Naoki / Japanese ambassador to Bangladesh Ito Naoki

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • From the left, Dr Mustafa K Mujeri, Dr Zahid Hussain, Sayema Haque Bidisha and Dr Mohammed Abu Eusuf. Illustration: TBS
    How to shield people from price shocks
  • File photo of Square Pharma factory
    Fire breaks out at Square Pharma factory in Gazipur 
  • File Photo: State Minister for Power, Energy and Mineral Resources Nasrul Hamid/UNB
    Russia has offered to sell crude oil to Bangladesh: Nasrul

MOST VIEWED

  • Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
    Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
  • Bangladesh at risk of losing ownership of Banglar Samriddhi
    Bangladesh at risk of losing ownership of Banglar Samriddhi
  • Traffic jam as overturned van rescue takes 6hrs
    Traffic jam as overturned van rescue takes 6hrs
  • PK Halder wants to return home
    PK Halder wants to return home
  • File photo of Mahfuz Anam
    Explanation by Mahfuz Anam
  • Project delays: The Sinohydro case
    Project delays: The Sinohydro case

Related News

  • Japan Ambassador visits Rohingya refugees in Bhasan Char
  • Grappled with irregularities, Bangladesh fails to exploit Japanese market
  • Japanese ambassador for Bangladesh-Japan direct flight this year 
  • Japan, WFP to provide $4.5M for food and agricultural assistance to Rohingyas  
  • Japan to stand by Bangladesh’s development journey: Ambassador

Features

Asus Zenbook 14 Flip OLED: A touch of brilliance to your life

Asus Zenbook 14 Flip OLED: A touch of brilliance to your life

2h | Brands
Keep your phone by your side with this armband

Keep your phone by your side with this armband

10m | Brands
Are Focallure gel masks worth the hype?

Are Focallure gel masks worth the hype?

1h | Brands
Illustration: TBS

‘The move to introduce DVS has changed the entire spectrum of financial auditing’

2h | Panorama

More Videos from TBS

Photo: TBS

Can Sri Lanka bounce back?

3h | Videos
How to apply for a job at Oxfam

How to apply for a job at Oxfam

4h | Videos
Investors, public to suffer from electricity price hike

Investors, public to suffer from electricity price hike

16h | Videos
Health benefits of summer fruits

Health benefits of summer fruits

17h | Videos

Most Read

1
Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
Bangladesh

Tk100 for bike, Tk2,400 for bus to cross Padma Bridge

2
A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
Banking

Dollar hits Tk100 mark in open market

3
PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire
Crime

PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire

4
Bangladesh at risk of losing ownership of Banglar Samriddhi
Bangladesh

Bangladesh at risk of losing ownership of Banglar Samriddhi

5
BSEC launches probe against Abul Khayer Hero and allies
Stocks

BSEC launches probe against Abul Khayer Hero and allies

6
The story of Bangladesh becoming a major bicycle exporter
Industry

The story of Bangladesh becoming a major bicycle exporter

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab