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Date: 1st April 2025
DECLARATION FOR THE WAIVER OF CONDITION 7
OF BIDA BRANCH OFFICE PERMISSION LETTER
I AM RYOSUKE KASHIMA GENERAL MANAGER OF JGC CORPORATION (BANGLADESH BRANCH OFFICE) BY THE ORDER OF THE MANAGEMENT OF JGC CORPORATION PRINCIPAL COMPANY (JAPAN), I AM SINCERELY DECLARING THAT; the Office Permission of JGC Corporation (Bangladesh Branch Office) has been extended for 2 years which is effective from 31st October 2024 (BIDA Permission Ref No: OPE-28Oct2024-00004).
JGC CORPORATION has been involved in the construction work of the Bangladesh Special Economic Zone Development Project Stage 1 in Phase 1. The company is generating income from the local source, and we want to bear all operational expenses from the Branch office income.
Hence, it has been decided to make the necessary application to Bangladesh Investment Development Authority (BIDA) for seeking exemption from the condition mentioned under Clause No-7 of the official permission letter since the company intends to and able to meet all operational expenditures of the Branch office by the profits earned from its local business activities. The branch office has also got the approval of waiver of condition 7 after obtaining the first office permission. Now the company will apply for seeking the approval of waiver of condition 7 second time.
For and on behalf of, JGC CORPORATION
√
________________
Ryosuke Kashima
General Manager
JGC Corporation
(Bangladesh Branch Office)