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Walton-Japan to venture jointly

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15 Nov 2012 12:24:36 PM Thursday BdST

Walton-Japan to venture jointly
Staff Correspondent
banglanews24.com

Walton-Japan to venture jointly

DHAKA: Walton High-tech Industries Limited, the leading electronics company of the country, is about to form joint venture with Japan.

Recently an 8-member Japanese delegation led by Nikaho Mayor Tadanaga Yokoyama visited Walton factory at Chandra of Gazipur.

Japan External Trade Organization-JETRO coordinated the visit of the Japanese delegation to the Walton factory.

The delegation comprised of Ken-Ichiro Miyama, Specially Appointed Associated Professor of Graduate School of Business of Rikkyo University, Toshiharu Sasaki, Director of Commerce and Industry Section of Nikaho City Office, Katsumi Shindo, Managing Executive Officer and General Manager of Sales Management Division of The Hokuto Bank Ltd, Noriaki Naganuma, Representative Director of Naganuma Works Inc., Tatsuhiro Itoh, Director of Naganuma Works Inc, Takenori Matsumoto, General Manager of Sanwa Seiko Co. Ltd and Kazuhiko Tahata, Executive Officer of The Akita Bank Ltd.

The Japanese delegation went round different manufacturing units of refrigerators, air-conditioners and motorcycles. They praised the progress of a developing country like Bangladesh in manufacturing such home appliances and automobiles.

They expressed interest to invest in Bangladesh availing the country’s skilled manpower, cheap labour cost, huge domestic market, easier access to international market, and above all the existing friendly relationship between Bangladesh and Japan.

The Japanese delegation also invited a delegation from Walton to visit Japan as early as possible and hold necessary talks to give their interest of investment a final shape.

BDST: 1215 HRS, NOV 15, 2012

Edited by: Abul Kalam Azad, Newsroom Editor
 
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