TOKYO— 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 toestablish a stronger presence in Bangladesh and to support the country’s continued economic development. The Bangladesh Liaison Office will open in 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
About Toshiba
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into five strategic business domains: Energy & Infrastructure, Community Solutions, Healthcare Systems & Services, Electronic Devices & Components, and Lifestyles Products & Services. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations towards securing “Growth Through Creativity and Innovation”, and is contributing to the achievement of a world in which people everywhere live in safe, secure and comfortable society.
Founded in Tokyo in 1875, today’s Toshiba is at the heart of a global network of over 590 consolidated companies employing over 200,000 people worldwide, with annual sales surpassing 6.5 trillion yen (US$63 billion).
To find out more about Toshiba, visit www.toshiba.co.jp/index.htm
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