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Date: 1st April 2025
The Director (Commercial)
Bangladesh Investment Development Authority (BIDA)
Prime Minister's Office
E-6/B, Agargaon, Sher-e-Bangla Nagar,
Dhaka 1207, Bangladesh.
Subject: Application for waiver of condition 7 of BIDA Branch Office permission letter.
Dear Sir,
We are very pleased to introduce ourselves that JGC CORPORATION is a Japan-based company set up a Branch office in Bangladesh by taking permission from your office (BIDA Permission Ref No: OPE-28Oct2024-00004 Date:) effect from 31st October 2024.
I would like to inform you that, JGC CORPORATION has been involved in the construction work of Bangladesh Special Economic Zone Development Project Stage 1 in Phase 1.
As per condition 7 of the office permission letter, a branch is obligated to bear all expenses by receipt of remittance from abroad. The company is generating income from the local source, and we want to bear all operational expenses from the Branch office income. Hence the management of the company has taken the decision to apply for a waiver of condition 7 in pursuance of condition 9.
It is requested to take the necessary steps to provide the approval for the waiver of condition 7 in pursuance to condition 9 of the permission letter.
Sincerely yours,
√
________________
Ryosuke Kashima
General Manager
JGC Corporation
(Bangladesh Branch Office)