News List

Compiled features on recent developments in regional cooperation and integration in the SASEC region.

Year:
March 2025

Japan Grants Concessional Loan to Boost Bhutan’s Hydropower Development

A landmark Official Development Assistance (ODA) loan agreement was signed between the Ministry of Finance of Bhutan and the Japan International Cooperation Agency (JICA) to fund the construction of three small hydropower plants to be completed by May 2029. These new hydropower plants will help Bhutan meet its rising domestic power demand and increase electricity exports during the monsoon season.

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Tags: Bhutan, Energy, Hydropower, Japan

April 2023

New Industrial Hub in the Bay of Bengal Region Proposed by Japan

Japan has proposed the development of a new industrial hub for the Bay of Bengal region. The hub, planned to be built in Bangladesh, will be equipped with supply chains that are connected to India's northeastern region. It will also be linked to Bhutan and Nepal through a planned port and transportation infrastructure.

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Tags: Bangladesh, Economic corridor, Japan

November 2021

Japanese Economic Zone in Bangladesh Set to Raise $1 Billion Investment

In the Araihazar upazila of the Narayanganj District, Bangladesh, a Japanese Economic Zone is being developed by the Government of Bangladesh and the Japan International Cooperation Agency (JICA). Japan is eyeing to raise $1 billion investment from around 100 companies in the economic zone.

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Tags: Bangladesh, Economic zone, Japan, manufacturing