Bangladesh, March 22 -- Japan's development cooperation with Bangladesh has been transformed over the years to enhance connectivity in terms of physical, institutional development and people-to-people contact emphasising regional vitalisation, a Japanese professor has said.

In continuation of the transformation, Bangladesh will be the first recipient of equity-based financing for development of special economic zones, he says citing it his country's new financing scheme.

Professor of Waseda University, Naohiro Kitano also says the Japanese model of development cooperation targets establishing 'long term commitment with trust' to benefit the people through an inclusive approach and human resource development.

The professor at the Global C...