Resilient Horizons: Japan-Bangladesh corridor poised for growth amid optimism and reform

Standard Chartered Bangladesh, in association with Japan External Trade Organisation (JETRO) and key government institutions, recently hosted a high-level economic briefing spotlighting the strategic importance of the Japan-Bangladesh economic corridor.

The event brought together senior representatives from Standard Chartered, the Bangladesh Investment Development Authority (BIDA), Japan International Cooperation Agency (JICA), Japan External Trade Organisation (JETRO), and the Embassy of Japan, along with business leaders and investors from both nations.

As shifting global trade dynamics heighten interest in South Asia, the event underscored growing confidence in Bangladesh's economic resilience and reinforced the commitment of public and private sector stakeholders to unlocking new opportunities. From macroeconomic stability to bold reforms, leaders shared optimism, insights, and a vision for the future. With over 300 Japanese companies already operating in Bangladesh, the next chapter of this partnership is one of scale, sustainability, and shared prosperity.

Naser Ezaz Bijoy, CEO of Standard Chartered Bangladesh, said, "Japan has been an unwavering friend to Bangladesh since independence—our partnership is rooted not just in policy but in deep people-to-people ties. We are seeing encouraging signs across key economic indicators, and the outlook is more stable than in years. With the right reforms and collaboration, Bangladesh has the potential to become a trillion-dollar economy within the next five years."

Yusuke Asai, CEO of Standard Chartered Japan, said, "Despite global shifts, two things remain unchanged—Standard Chartered's commitment to the Japan-Bangladesh corridor and the unconditional friendship between our two nations. Japan is one of the world's most globalised economies, and our companies are well-positioned to expand their footprint in Bangladesh. With over 300 Japanese firms already present, the time is ripe to scale up investment and strengthen our role in Bangladesh's growth story."

Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of Bangladesh Investment Development Authority (BIDA), acknowledged the path ahead: "We recognise the challenges investors face, and we are committed to transparency and reform. But progress requires continued pressure from the business community. We aim to create a stable, investor-friendly environment—one that attracts long-term investment and reinforces economic resilience."

H.E. Saida Shinichi, Ambassador of Japan to Bangladesh, affirmed Japan's enduring partnership, "As a faithful strategic partner, Japan remains committed to investing in Bangladesh and supporting critical infrastructure. Our ongoing Economic Partnership Agreement negotiations further highlight our shared ambition, with significant opportunities emerging across agro-business, fisheries, automotive, and textiles."

Enamul Huque, Country Chief Risk Officer, Standard Chartered Bangladesh, added, "With reserves stabilising and exports on a consistent growth trajectory, Bangladesh remains a competitive and attractive destination for international investors, including those from Japan. As a leading foreign bank in Bangladesh and one of the largest foreign investors, Standard Chartered remains committed to promoting Bangladesh as a positive investment destination."

Yuji Ando, Country Representative, JETRO, reinforced investor confidence, "Bangladesh ranks number two in Asia in business expansion potential, second only to India. Despite global economic and political uncertainty, existing Japanese companies are eager to expand their operations, underscoring their long-term commitment to this market."

Ichiguchi Tomohide, Chief Representative, JICA Bangladesh, said, "While progress has been made, much work remains to improve the investment climate. At JICA, we work closely with JETRO and other partners to push forward strategic initiatives—from transformative infrastructure projects like the Matarbari deep-sea port and MRTs to streamlining investment procedures."

The event concluded on a note of shared optimism, with participants expressing strong confidence in Bangladesh's strategic potential, underpinned by a longstanding partnership with Japan and a collective commitment to shaping a resilient future.

As a longstanding partner in Bangladesh's economic journey, Standard Chartered remains committed to supporting foreign investment and collaboration, ensuring a conducive environment for Japanese businesses to thrive in Bangladesh.