The most attractive destination for Japanese investors is Bangladesh, and Bangladesh’s development center, Chittagong. It was said in a seminar held on Wednesday at the Chittagong Chamber. Chittagong Chamber organized the seminar titled “The Role of SME in the National Economy-The Case of Japan and Now Bangladesh Shot Go Ahead”.Commerce and Industry (CCCI), Bangladesh AOTS Alumni Society (BAAS), Chittagong AOS Alumni Society (CAAS) and Japan-Bangladesh Chamber of Commerce Industries BCCI. Chamber President Mahbubul Alam presided over the inauguration ceremony. Honorable Consul General of Japan took part in the discussion. Nurul Islam, JICA Chief Representative Hitoshi Hirata in Bangladesh, Vice President of Chamber Syed Jamal Ahmed, International Cooperation Organization for Small and Medium Enterprises in Asia Ikosa Steering Committee President Salahuddin Qasim Khan, Member Secretary Dr. AKM Moazzem Hossain and CAAS President Saifuddin Ahmed. The 17-member Japanese trade delegation was present.
Chamber President Mahbubul Alam said the Japanese government has been contributing to the infrastructure, communication and energy sector of Bangladesh including Chittagong through JICA. Japan has developed a powerful economy through the development of the SME sector, which is a model model for Bangladesh. A significant number of our SME entrepreneurs are women so women entrepreneurs should be given special importance. He said Bangladesh government has set up institutions like SME Foundation, BSCIC and Basic Bank for SME entrepreneurs’ financial, technical and consulting support. But there are still some problems in the form of financial incentives, technical excellence and appropriate policies. The chamber president said, Chittagong Chamber is working on the development of SMEs, as part of which various timely initiatives including organizing seminars and fairs and training were taken. He urged Japan to invest in a special industrial zone. In the second half of the ceremony, the keynote paper on the role of SME sector in Bangladesh and Japan was presented by Professor Dr. Ikosha’s President and Leadership leader. Nahiro Kurosi Besides, former secretary and NBR chairman said Muhammad Abdul Majid and Professor of Chittagong University. Md. Saleh Zahur presented documentary on the SME sector of Bangladesh. The seminar discusses the main topic of the University of Chittagong professor. Md. Salim Uddin FCA JICA Chief Representative Hitoshi Hirata said Bangladesh has achieved GDP growth in the past decade. Bangladesh is the most attractive destination for investment for Japanese investors. JICA Chief commented that Chittagong is a center of development and Bangladesh needs to bring diversification in the industrial sector to accelerate development. Honorable Consul General of Japan Nurul Islam said new doors of relationship between Japan and Bangladesh were unveiled. There are many small entrepreneurs in the remote areas of the country, with the help of which Japan can come forward. Ikosha president Salahuddin Qasim Khan said that separate chambers for SMEs in each chamber of the country need to be established. He proposed to set up SME zone in every special economic zone. Besides, Japan urges Japan to follow Vietnam model and Bangladesh will set A easy focal point for development. In the post of World War II, Ichosa President gave a history of success in Japan’s SME sector. He said that with the competitive labor and market capabilities of the SME sector in Bangladesh, the Japanese SME sector can create a new day in this sector on the basis of mutual cooperation through the combination of the lack of manpower required for the development of the sector and their cooperation with large industries, as well as product diversification and new markets for both countries Will play an effective role in the creation.