Business leaders urge Malaysian investment | The Daily Star
12:00 AM, April 05, 2011 / LAST MODIFIED: 12:00 AM, April 05, 2011

Business leaders urge Malaysian investment

Visiting delegation meets FBCCI and DCCI

FBCCI leaders yesterday urged Malaysian businesspeople to invest in ICT, healthcare, education and tourism sectors in Bangladesh.
Md Jashim Uddin, first vice president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), made the appeal at a discussion with an eight-member business delegation of Federation of Malaysia Manufacturers (FMM) at FBCCI in Dhaka.
Syed Moazzem Hossain, president of Bangladesh-Malaysia Chamber of Commerce and Industry, attended the meeting.
Meanwhile, the Dhaka Chamber of Commerce and Industry (DCCI) also urged Malaysia to provide zero tariff facility for exports of Bangladesh products to the Southeast Asian country.
TIM Nurul Kabir, acting president of DCCI, made the request during an interactive business meeting with the FMM delegation at the DCCI, news agency UNB reports.
Tan Sri Dato' Soong Siew Hoong, chairman of Kejuruteraan Wang Yuen Sdn Bhd, led the Malaysian delegation.
Kabir said Bangladesh and Malaysia have good bilateral relation and are active members of the OIC and the D-8 group.
However, he said, the bilateral trade between the two friendly countries is not at the desired level despite huge potential of trade and business in these countries.
Kabir urged the Malaysian businessmen to import Bangladeshi products such as jute and leather goods, readymade garment, ceramics and pharmaceuticals, and to invest in power, gas and water sectors of Bangladesh under its pubic private partnership.
Soong Siew Hoong said Malaysian businessmen are keen to invest in joint venture projects in ceramics, agriculture, agro-based products and the IT sector of Bangladesh. He also stressed strengthening bilateral trade between the two friendly countries.
President of Bangladesh-Malaysia Chamber of Commerce and Industry Syed Moazzam Hossain, who was present at the meeting, said there are ample opportunities in Bangladesh to invest and doing business.

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