CA urges Malaysian firms to invest in Bangladesh
BSS:
Chief Adviser Professor Muhammad Yunus today urged Malaysian investors to come up with investment in Bangladesh, saying that the interim government had taken a series of measures to make the country business-friendly.
Business did not proceed in Bangladesh in the past the way it should be done, he said, insisting that in New Bangladesh many things are emerging, and one of those is business possibilities.
“Bangladesh is trying to become business-friendly in every possible way…I found an unlimited prospect in changing Bangladesh,” the chief adviser said while addressing a business forum on trade and investment opportunities between Bangladesh and Malaysia in Kuala Lumpur.
“Bangladesh has young people, creative people,” he said, urging the investors to take advantage of the young Bangladeshi diaspora in many countries.
Referring to young Bangladeshis living abroad, he said they always have eagerness to do something for Bangladesh.
Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of BIDA and BEZA, began the programme with a presentation in which he described the competitive advantages Bangladesh offers for the investors and the efforts of interim government to remove tariff and non-tariff barriers.
Vivek Sood, Axiata Group, CEO and managing director and the primary shareholder of cellular operator Robi, also gave a presentation on Axiata on 28 years of growth and partnership shared success in Bangladesh.
Tengku Muhammad Taufik, President and Group CEO of Petroliam Nasional Berhad (Petronas); Amirul Feisal Wan Zahir, Managing Director of Sovereign Wealth Fund Khazanah Nasional; top officials of palm oil companies Sime Darby Plantations, Kuala Lumpur Kepong Berhad (KLK), IOI Corporation, and Felda Global Ventures (FGV); Syed Faisal Albar, Chairman of Proton Holdings Berhad (Proton); and Lim Wee Chai, Executive Chairman of glove manufacturer Top Glove Corporation, were present, among others.
The business gathering was preceded by the signing of a MoU between the National Chamber of Commerce and Industry of Malaysia (NCCIM) and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) in Putrajaya.