The second edition ran from 27 August 1999 to 7 September 1999.

A Japanese Third Division XI went on to win the cup after defeating the Ghana U-23 team 3–2 in the finals.

[1] Bangabandhu Cup was discontinued after the 1999 edition due to the political situation in the country,[2] and relaunched again in 2015.

[3] In group stage twelve teams divided into four groups of three teams, playing a single match round-robin.

The teams finishing first in each group qualified for the Semi-finals.