At a seminar on November 26, 2024, experts highlighted major concerns of Japanese businesses investing in Bangladesh, with over 70% citing risks like underdeveloped legal systems, time-consuming tax procedures, political instability, and unclear government policies. According to the Japan External Trade Organisation (Jetro), 77.1% of businesses identified legal inefficiencies, while 74.7% highlighted administrative challenges. Despite these concerns, 61.2% of Japanese companies still consider Bangladesh a prime investment destination, with 350 enterprises currently operating in the country.
The event, organized by the Foreign Investors’ Chamber of Commerce and Industry (Ficci), included key recommendations to improve the investment climate, such as simplifying tax and administrative procedures, enhancing transparency, and improving policy consistency. Additionally, discussions focused on improving business relations with Japan by establishing Economic Partnership Agreements (EPA) and addressing logistical and regulatory barriers. Speakers emphasized the potential for stronger economic cooperation between the two nations.
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