Growing economy attracts Japanese businesses

August 05, 2019 Business
Many Japanese companies are keen to do business with Bangladesh as its economy is growing, Japanese Ambassador Hiroyasu Izumi said yesterday.

“Bangladesh has been achieving impressive economic growth for the last few years. It is really tremendous growth,” he said at the launch of Tilottoma Gulshan, a showroom of Toto brand, in the capital’s Gulshan 2. 

According to him, Toto was the world’s largest toilet manufacturer providing water and sanitary solutions. 

He recommended that other Japanese companies doing business in Bangladesh follow Toto’s success story. 

Kazi Golam Nasir, chief architect of the Department of Architecture under the Ministry of Housing and Public Works, said the opening of the showroom proves that Bangladesh is progressing and demand for high-end products is rising thanks to the increasing purchasing power of people.  

Diasuke Endo, division head at Toto Asia Overseas Pvt Ltd, said he was optimistic of business success in Bangladesh and this showroom would satisfy customers.    

Shariar Shabab, director of Tilottoma Bangla Group, said they imported high-end sanitary, kitchen and bathroom solutions from Toto. 

According to him, Tilottoma caters to around 25 percent of imported sanitary solutions in Bangladesh.  

Joarder Nowsher Ali, chairman of Tilottoma Bangla Group, CEO Shahriar Sajjad and Ehasan Khan, vice president of the Institute of Architects Bangladesh, addressed the programme.   

The sixth in Bangladesh and fifth in Dhaka, the new showroom offers technical information and live experiences on water conservation, cleanliness and hygiene functions. 
Source: Thedaily Star

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