Ctg to be even bigger industrial hub

Chattogram will become an even bigger industrial hub after the completion of ongoing projects including the Matarbari port, Chattogram-Cox's Bazar highway and power plants, said ITO Naoki, Japanese ambassador to Bangladesh, yesterday.

Chattogram is a city that continues to attract foreign direct investment (FDI) from Japan and will play an important role in the further growth of Bangladesh's economy, he said.

Naoki was addressing as chief guest an event organised by Chattogram AOTS Alumni Society (CAAS) and Nippon Academy at Radisson Blu Chattogram Bay View marking 50 years of diplomatic relations of Bangladesh and Japan.

Ten Japanese companies are doing business in Chattogram and Karnaphuli export processing zones. Mirsharai Bangabandhu Industrial City is getting ready. "I am sure there will be Japanese investment there as well," he said.

BSRM Group Chairman Alihussain Akberali and Managing Director Aameir Alihussain, JETRO Country Representative UG Endo, Jica's Country Representative Ichiguchi Tomohide, and Chittagong Chamber's President Mahbubul Alam were present.