Bangladesh needs efficient energy for sustainable development where renewable energy can play an important role, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

Japan can work in Bangladesh's renewable energy as the east Asian country has expertise in it, he said.

Businessmen of the two countries can work together in the energy sector, the FBCCI president said.

He made the comments at a daylong summit on "Bangladesh-Japan economic relations for the next 50 years: for the industry upgradation of Bangladesh" in Dhaka.

The Japan External Trade Organisation (Jetro), Bangladesh Investment Development Authority (Bida), and the FBCCI jointly organised the summit, which began at Pan Pacific Sonargaon in Dhaka this afternoon.

The government is providing Japanese businesses with all kinds of support so that they invest in Bangladesh, said Lokman Hossain Miah, executive chairman of Bida.

There are many potential sectors where Japanese businesses can invest such as medicare, agriculture, fuel and energy, he said.

The Bida has made most of its services available online, he said, adding: "Within few months, we are going to ensure that all services are provided from a single one place."