Bangladesh's first Japanese-backed industrial park nears launch

Sumitomo-led project gives manufacturers a foothold in underdeveloped market

20220815N Bangladesh site

The Bangladesh Special Economic Zone will be the first in the country with world-class infrastructure, according to lead developer Sumitomo. (Photo courtesy of Sumitomo Corp.)

TATSURO MIYAZUMI and RYOSUKE HANADA, Nikkei staff writers

TOKYO/NEW DELHI -- The first industrial park developed and operated by Japanese players in Bangladesh is on track to open this year, serving as a hub for overseas manufacturers looking to tap the South Asian country's 170 million consumers.

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