Japan wants to invest another fertiliser factory in Bangladesh

| Updated: February 09, 2023 20:34:05

File photo used for representational purpose File photo used for representational purpose

The Japan Bank for International Cooperation (JBIC) has expressed interest in setting up another fertiliser factory like Ghorashal Fertilizer Factory in Ashuganj, Bangladesh.

The JBIC has also shown interest in financing in different sectors including sugar, automobile and electronics.

The information came on Thursday while the meeting between Industries Minister Nurul Majid Mahmud Humayun and JBIC Governor Hayashi Nobumitsu at Industries Ministry in the city, reports BSS.

Humayun said Japan is helping Bangladesh in agriculture and industry in various ways.

"We are working together on setting up fertiliser plant. The development of the Japanese economic zone in Narayanganj is ongoing," he added.

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