They are keen to jointly invest in food and food processing like halal meat, agro-based products like seeds, chemical fertilizer and agricultural equipment, manufacturing automobile parts, medicine and herbal products.

The delegation from Malaysian Industrial Development Authority (MIDA) and Malaysia South-South Association (MASSA) announced their plans in a business meeting with Dhaka Chamber of Commerce and Industry (DCCI) members held at the DCCI auditorium.

Presiding over the meeting, Senior Vice-president of DCCI Khaled Hossain said Malaysian entrepreneurs are cordially invited to invest in some sectors like food and food processing, livestock, poultry, fisheries, fish meals, cattle feed, infrastructure development, building construction, real estate and automobiles, telephone and mobile phone and raw materials for plastic products.

He also said Malaysia might also relocate some of their less-competitive labour-intensive industries to Bangladesh to utilise competitive cost of labour.

Citing the Malaysian government's recent decision to withdraw the restriction on manpower import from Bangladesh, Khaled said, "A training institution to train people of Bangladesh for meeting the standard of Malaysian industries can be established in Bangladesh so that a large number of trained, skilled, semi-skilled manpower can be exported to Malaysia."