Japan likes to invest in Bangladesh – Tsutomu


An exclusive interview of the vice finance minister of Japan

| by Swadesh Roy reporting from Tokyo

(November 6, 2012, Tokyo, Sri Lanka Guardian) Vice finance minister of Japan, Tsutomu (Tom) Okubo told that, they always try to do all kind of help to Bangladesh. He added that, “you can say, we like to help Bangladesh.”

The vice finance minister of Japan has a clear idea about the market and the man power of Bangladesh. He has visited Bangladesh once some years ago; so he has no detail memory regarding his visit. When he visited Bangladesh then he was not a minister. But he went to many places of Bangladesh and met many important persons of Bangladesh. He has already forgotten the name of them but he has a little reminiscence that, he met with a person of Bangladesh who got Nobel Prize later. I told him, “His name is Dr. Yunus”. Then he could recall him and told that he saw his works as he went to Dr. Yunus’s organization.

He has a desire to visit Bangladesh, as a minister, but the rule of his country does not allow ministers to aboard frequently. Basically their parliament sessions continues from January to August, at that time they cannot not go aboard with out any emergency.

I asked him, “Do you have any plan to expand economical help to Bangladesh?” He took my question seriously and said with warmth, “Bangladesh is now an emerging market, Japan wants to involve more in this market and for involving more in the market Japan will do all, whatever needed.” He said, “The main asset of Bangladesh is now the manpower, basically the young work force; that has crossed the twenty.” Here it is to mention that, in Japan they have a heritage that, when a boy or girl of Japan crosses twenty then they are eligible to take responsibility of any work. The city mayor then gives them reception. So he mentioned that, Bangladesh has a large number of young work forces who are above twenty. So, he told that, “Japan is very much interested to set up labor dense industry in Bangladesh that will help Bangladesh to develop its economy and it will create job opportunity.” He told that, Japan set up Honda Company in Bangladesh with join venture and he hopes that, in near future many other Japanese companies will start to set up their factory in Bangladesh with the collaboration of Bangladeshis entrepreneurs. Besides that he said, very soon JICA would start the metro rail project in Bangladesh and if Bangladesh wants more investment in railway sector Japan will do it. Tsutomu said very clearly, “Japan likes to look after Bangladesh and Japan wants more development of Bangladesh.”

He has also ensured that, if he gets any opportunity he will visit Bangladesh because Bangladesh is now a very suitable place for investment and Japan wants to do more investment in Bangladesh.

Swadesh Roy, Executive Editor, The Daily Janakantha, Dhaka, Bangladesh, and a regular contributor to the Sri Lanka Guardian