Three-day trade fair begins in Malaysia today

Bangladesh will focus on branding the country and attracting massive Malaysian investment in prospective areas in the Showcase Bangladesh-2014, a three-day trade fair that starts in Kuala Lumpur today.
Bangladesh needs to consider Malaysia as a potential investor instead of counting it as a seller of Bangladeshi products and services, Syed Nurul Islam, chairman of the fair organising committee, told the news agency.
“Our target is to attract bulk volume of Malaysian investment to Bangladesh."
He said Bangladesh will also focus on how Malaysian technology and expertise could be utilised in Bangladesh in various sectors to maximise production and improve product quality.
“Time has come to tell the world about positive Bangladesh,” said Islam, who is also the CEO of the Well Group of Industries and a former president of BMCCI.
Bangladesh is now the second largest economy in South Asia, he said.
Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) in collaboration with Bangladesh High Commission in Malaysia, Malaysia South-South Association, Malaysia External Trade Development Cooperation, and Malaysian Industrial Development Authority will host the event.
This is going to be the third trade show in Malaysia with the same title, the organisers said, adding that the participants want to uphold Bangladesh as a lucrative business hub and highlight its increasing economic diversity.
Islam said the trade show will contribute towards reducing the bilateral trade gap.
Industries Minister Amir Hossain Amu is scheduled to inaugurate the fair as the chief guest.
About 60 Bangladeshi companies from different sectors, including banking, insurance, garments, infrastructure, ICT and telecom, will take part in the exhibition with their products and services.