Japan’s second largest telecom company KDDI has shown interest to invest in Bangladesh’s 5G network, IOT, other digital technologies and special economic zones and connectivity sectors.
The information was revealed when a two-member KDDI delegation led by its Global ICT Division general manager Hiroyasu (Hiro) Morishita called on posts and telecommunications minister Mustafa Jabbar at the ministry in Dhaka, said a press release.
The minister said that under the leadership of prime minister Sheikh Hasina, the telecom and digital technology sector of the country had become an lucrative sector for foreign investment in the last 11 years.
Jabbar termed Japan as a true friend of Bangladesh and urged the Japanese entrepreneurs to invest in Bangladesh taking advantages of the existing investment-friendly environment.
Earlier in 2018, the minister joined an IT week in Japan and urged the KDDI authority to invest in Bangladesh’s IT sector. The KDDI delegation is currently visiting Bangladesh to conduct a feasibility study in this regard.
The delegation informed the minister that they would open an office in Dhaka soon to identify potential sectors for investment.
The other member of the KDDI delegation was deputy managing director of its Singapore ICT Sales Department Takeshi Awa.
Source: https://www.newagebd.net/article/88682/japans-kddi-to-invest-in-bangladesh-for-5g-network