Japan’s KDDI to invest in Bangladesh for 5G network

Bangla Tribune Desk
Published : 20:36, Oct 24, 2019 | Updated : 20:44, Oct 24, 2019

Akira Matsunaga, senior director for KDDI Corp.`s R&D Strategy Division, speaks about his company`s progress in developing fifth-generation (5G) network systems at a news conference in Tokyo on Feb. 22, 2019 PHOTO/The Japan TimesJapan’s second-largest telecom company KDDI has shown its interest to invest in Bangladesh’s 5G network, IoT, other digital technologies and special economic zones and connectivity sectors, reports BSS.
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 Division Minister Mustafa Jabbar at his ministry office in the Secretariat on Thursday (Oct 24), said a press release.
The minister said under the leadership of Prime Minister Sheikh Hasina, the telecom and digital technology sector of the country has become a thirst sector for the foreign investment in the last 11 years.
Jabbar termed Japan as a true friend of Bangladesh and urged the Japanese entrepreneurs to invest here taking advantages of the prevailing 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. Subsequently, the KDDI delegation is visiting Bangladesh for a feasibility study in this regard.
The KDDI delegation informed the minister that they will open an office in Dhaka soon and identify the sectors for investment.
The other member of the KDDI delegation was Deputy Managing Director of its Singapore ICT Sales Department Takeshi Awa.