A delegation from Marubeni Corporation, led by President and CEO Masayuki Omoto, met with Prime Minister Tarique Rahman on October 11 to discuss potential investments in Bangladesh’s information technology, artificial intelligence, cybersecurity, fertiliser, and energy sectors. The meeting took place at the Prime Minister’s Office in the Secretariat.

During the discussions, Bangladesh’s government outlined plans to establish an AI-based data centre within the next year, with Marubeni considering an investment in the project. The delegation also expressed interest in expanding the Karnaphuli Fertilizer Company Limited (Kafco) operations, including the possibility of building a second fertiliser plant in the country.

Prime Minister Rahman highlighted the government’s efforts to create a supportive environment for both domestic and foreign investors, emphasizing the importance of unlocking economic potential and generating employment opportunities. He welcomed Marubeni’s longstanding business relationship with Bangladesh, which currently includes jute product exports, and encouraged broadening this partnership into emerging sectors such as IT and energy.

The conversation also addressed the development of Bangladesh’s IT sector, focusing on initiatives to equip engineering graduates with skills in IT and cybersecurity. Officials from both sides recognized the country’s potential to become a regional service hub by leveraging its skilled workforce, technological infrastructure, and competitive service offerings.

Given Bangladesh’s predominantly agriculture-based economy, discussions included opportunities to integrate modern technology and artificial intelligence in agricultural practices. Both parties explored ways to increase investment and technological collaboration in this area.

Representing Marubeni alongside Omoto were Susumu Wakamori, chief executive officer for Southwest Asia, and Manabu Sugawara, country head for Bangladesh. The company indicated a serious interest in expanding its footprint within the country’s IT, fertiliser, and energy markets.