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SANYO
ENGINEERING
&
CONSTRUCTION
INC.
BANGLADESH
BRANCH:
VENTURE
TOWER,
6TH
FL0OR.
PLOT
-3,
BIRUTTAM
AK.
KHANDAKAR
ROAD,
MOHAKHALI
CIA,
DHAKA
-1212,
Phone:
Date:
17h
Aug
2023
The Director (Commercial)
Bangladesh
Investment
Development
Authority
(BIDA)
Prime Minister's Office
People's
Republic
of
Bangladesh
E-6/B,
Agargaon,
Sher-e-Bangla
Nagar,
Dhaka 1207, Bangladesh.
Subject:
Application
for
Waiver
of
Condition
no.
8
of
BIDA
Branch
Office
permission
letter.
Dear Sir,
We
are
very
pleased
to
introduce ourselves that
I
would
like
to
inform
you
that,
Sanyo
Engineering
&
Construction
Inc.
(Branch
Office)
is
working
with
TOA
Corporation
(BSEZ
Electrical
Support
Service
Maintenance
and
Land
Development
Project
of
BSEZ
Under
FDI
promotion
Project);
Ship
Aichi
Medical
Service
Limited;
Embassy
of
Japan
Bangladesh
TOWA
Personal
protective
Device
Bangladesh
Ltd.;
Bangladesh
Honda
Private
Ltd.
Shimizu
Corporation;
OSJI Joint Venture.
It
is
mentionable
that
Sanyo
Engineering
&
Construction
Inc.
(Branch
Ofice)
is
earning
profit
locally
and
the
necessary
expenditure
of
the
company
in
Bangladesh
is
settling
with
that
profit.
As
per
condition
no.
8
of
the
permission
letter,
outward
remittance
of
any
kind
from
Bangladesh
sources
will
not
be
allowed.
But
the
headquarter
of
Sanyo
Engineering
&
Construction
Inc.
(Branch
Office)
is
willing
to
take
the
profit
which
is
generated
by
the
Branch
Office.
Besides
Sanyo
Engineering
&
Construction
Inc.
(Branch
Office)
needs
to
do
L/C-related
payments
for
importing
capital
machinery
and
raw
material.
Hence,
we
need
the
waiver
of
condition
no.
8
of
the
BIDA
Branch
Office
permission
letter.
Therefore,
it
is
highly
Sincerely yours,
14-&2 tola'm
Yt hi Akagi
SANYO
ENGINEERING&
CONSTRUCTION
INC.
Country Manager
(Bangladesh Branch Office)
Attachmnent:
1
Eorwarding
letter:
2.
Audit
report;
3.
member
of
SUNTEC
GROUP,
Japan
SIINTEC
is
also
known
aS
SANYO
ENGINEERING
&
CONSTRUCTIO
INC.
in
Overseas
+880-2-222263361/82. Fax: +880-2-222283360
SANYo
ENGINEERING
&
CONSTRUCTTION
INC.
is
a
Japan-based
company
set
up
a
Branch
office
in
Bangladesh
by
taking
permission
from
your
office
(BIDA
Permission
Ref
No:
OPE-23Feb2023-00002)
effect
from
20.03.2023.
requested
to
send
take
the
necessary
action
to
provide
the
approval
of waiver of
condition
8
in
pursuance
to
condition
9
of
the
permission
letter.
Acknowledgment
reoeipt
of
return
of
income:
4.,
Bank
Statement
ofthe
Ey.
5.
Bncashment
certificate
(all);
6.
Agreement
win
vendor
(Proving
the
source
of
income): 7.
Ofce
permission
(All);
8.
Approval
letter
of
BlDA
Walver
condition
7;
09.
TIN;
10,
18B
intimatin