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Japanese investors pledge initial $1.2bn for Bangladesh tourism

Published : Sunday, 18 October, 2026 at 5:30 PM

Observer Online Report

A group of Japanese investors has announced an initial investment of $1.2 billion in Bangladesh’s tourism and hospitality sector, expressing commitment to jointly develop the industry.

The investment proposal was announced at a meeting with Civil Aviation and Tourism Minister M Rashiduzzaman Millat at the ministry at the Secretariat on Sunday afternoon, according to a ministry media statement.

Millat highlighted Bangladesh’s diverse tourism potential, including the Sundarbans, the world’s largest mangrove forest, Cox’s Bazar, known for its long natural sea beach, and the scenic tea gardens of Sylhet.

“The current government warmly welcomes foreign investment to develop the tourism sector,” he said.

Describing Japan as a longstanding and trusted friend of Bangladesh, the minister said the country had made significant contributions to Bangladesh’s key infrastructure development.

He said the government was ready to extend all-round support to Japanese investors and expressed interest in developing the tourism sector under the public-private partnership (PPP) model to ensure mutual benefits.

Members of the Japanese delegation expressed their commitment to investing in Bangladesh and working jointly to develop the country’s tourism and hospitality industry. They formally announced the initial investment of $1.2 billion during the meeting.

Welcoming the announcement, Millat said the government would take the necessary legal and administrative steps promptly once the investment proposal was formally submitted.

He also said the Bangladesh Tourism Board would arrange visits for the investors to potential tourist destinations across the country.

- MaT

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Editor : Iqbal Sobhan Chowdhury

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