Toshiba Corporation (Tokyo: 6502) today announced that its Singapore-based wholly owned subsidiary, Toshiba Asia Pacific Pte. Ltd., has established a branch office in Dhaka, in the People's Republic of Bangladesh. The new office will allow Toshiba to establish a stronger presence in Bangladesh and to support the country’s continued economic development. The Bangladesh Liaison Office will open on June 1.
Bangladesh’s annual economic growth rate has surpassed five percent for the past ten years, and the country ranks eighth in the world in population, with approximately 1.5 billion people. The economy is expected to continue to grow and to present many business opportunities, particularly in the infrastructure required to support economic expansion, including power generation, transmission & distribution and urban transportation.
Through the new office, Toshiba will collect market information that will support it in contributing further to Bangladesh’s infrastructure improvement.
Toshiba’s track record in Bangladesh extends from supplying steam turbine and generators for the Ghorashal power plant in 1970 to provision of medical diagnostic today. The opening of the Bangladesh Liaison Office provides Toshiba with a regional presence extending from India through the ASEAN counties, and will support promotion of the infrastructure business.
Outline of the Branch
1. Name: Toshiba Asia Pacific Pte., Ltd. Bangladesh Liaison Office
2. Representative: Kazuo Kusakabe
3. Location: 13th Floor, Crystal Palace, SE(D) 22, Road 140, Gulshan South Avenue,
Gulshan 1, Dhaka-1212