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|Sunday, January 14, 2001, updated at 17:10(GMT+8)|
Japanese Delegation Exploring Investment Prospect in BangladeshA high-powered economic delegation arrived here Saturday to explore new areas of future Japanese investment in Bangladesh.
The high-profile private-sector appraisal mission includes key people from a wide range of areas of the economic superpower, from manufacturing to energy.
During their three-day stay in Bangladesh, the members of the delegation will call on Prime Minister Sheikh Hasina and meet the economic ministers on Sunday. They will also meet the private sector leaders.
Official sources said the delegation would have special focus on exploring opportunities for setting up an exclusive export- processing zone for the Japanese investors here, an idea first conceived by the Japanese business leaders in 1995.
The appraisal would have a significant impact on shaping the future Japanese investment in Bangladesh.
Japanese investment, both physical and proposed, amounts to US$927 million as of June 2000 while their investment in EPZs roughly totaled 57 million dollars as of June 1999.
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