Mitsubishi Corporation (MC) as one of the largest global integrated business enterprise in Japan is doing business here in Bangladesh since 1958. MC completed many infrastructure projects in Bangladesh such as Dhaka-Chatto- gram-Matarbari Main Power Grid Transmission Line as well as doing export and import products from Bangladesh to overseas & from overseas to Bangladesh. MC's recent contribution to Bangladesh is to supply 144 rolling stocks for Metro Line 6 which is under operation and construction of Hazrat Shahjala International Airport Expansion (3rd Airport Terminal). The construction of 3rd Airport Terminal is almost final stage. In terms of investment, MC acquired twenty five percent (25%) interest in Summit LNG Terminal Co (Pvt) Ltd. (SLNG) in 2018, and since 2019, SLNG is supplying gas to Petrobangla as long term basis by using a Floating Storage and Regasification Unit (FSRU) which is a special vessel of regasification of Liquid Natural Gas. This is the 1st FSRU gas supply project in Bangladesh to contribute to stable energy supply.
MC is seeking new investment opportunity in Bangladesh and expecting reformation by Interim Government lead by Chief Advisor Dr. Yunus for the development of new business. By taking this reformation opportunity, I would like to request mainly for the following improvement.
As Country Representative for Bangladesh, I am in the position to promote and develop new business in Bangladesh. Therefore, the reformation to the international business environment is mandatory for such promotion and develop- ment. The population of 170 million people is extremely attractive for doing business. I hope that Interim Government will implement reforms to convert this high potential into new business opportunity.
