Trade show opens: KL investors urged to take up new ventures
UNB, Kuala Lumpur :
Bangladesh here on Friday urged Malaysian investors to take up new investment ventures in the fast growing manufacturing, services and infrastructure scoters to help Bangladesh reach the newer height of development.
Apart from investing in large infrastructure projects, including roads and power generation, Bangladesh also urged the Malaysian side to provide technological support to Bangladesh as Malaysia has developed expertise in the area.
Bangladesh officials and entrepreneurs came up with the call while addressing the inaugural session of a three-day trade show, titled ‘Showcase Bangladesh-2014’, which began in the Kuala Lumpur Convention Centre.
Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) in collaboration with Bangladesh High Commission in Malaysia, Malaysia South-South Association (MASSA), Malaysia External Trade Development Cooperation (MATRADE) and Malaysian Industrial Development Authority (MIDA) hosted the event for the third time.
Malaysian Deputy Minister for International Trade and Industry Dato Lee Chee Leong, Bangladesh High Commissioner in Malaysia AKM Atiqur Rahman, BMCCI President Nasir A Choudhury,
chairman of the fair organising committee Syed Nurul Islam, former BMCCI President Syed Moazzem Hossain, BMCCI secretary general Raquib Mohammad Fakhrul and treasurer Syed Almas Kabir spoke at the inaugural session.
Speaking at the function, the Malaysian Deputy Minister said there is much that Bangladesh and Malaysia can do for further expansion of bilateral trade and investment. “Events like Showcase Bangladesh provides a good platform for us to explore the business potential,” he said.
The Malaysian Deputy Minister said his country’s investment in Bangladesh is currently concentrated on the energy and telecommunications sector. “The involvement of Malaysian companies in Bangladesh can be further expanded.”
Chee Leong said several areas like infrastructure, power generation, telecommunications, education and hospitality are identified as having potentials for Malaysian involvement and investment in Bangladesh.
“This showcase presents various opportunities to network. I urge our Malaysian and Bangladeshi businesses to make full use of the business making sessions,” he added.
Being recognised as a leader in Islamic finance and the halal industry, the Malaysian Deputy Minister invited Bangladeshis to explore opportunities in these sectors to facilitate trade and help diversify the range of products and services.
Chee Leong said Malaysia will be an ideal gateway for Bangladeshi companies wanting to expand their businesses in the region as Malaysia will assume the Chairmanship of Asean next year.
Bangladesh envoy to Malaysia Atiqur Rahman said Malaysia is among the 10 largest investors in Bangladesh, but there is enough scope for further investment.
“I call upon the Malaysian investors to undertake new investment ventures in our fast growing manufacturing, services and infrastructure sectors,” he said.
Bangladesh here on Friday urged Malaysian investors to take up new investment ventures in the fast growing manufacturing, services and infrastructure scoters to help Bangladesh reach the newer height of development.
Apart from investing in large infrastructure projects, including roads and power generation, Bangladesh also urged the Malaysian side to provide technological support to Bangladesh as Malaysia has developed expertise in the area.
Bangladesh officials and entrepreneurs came up with the call while addressing the inaugural session of a three-day trade show, titled ‘Showcase Bangladesh-2014’, which began in the Kuala Lumpur Convention Centre.
Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) in collaboration with Bangladesh High Commission in Malaysia, Malaysia South-South Association (MASSA), Malaysia External Trade Development Cooperation (MATRADE) and Malaysian Industrial Development Authority (MIDA) hosted the event for the third time.
Malaysian Deputy Minister for International Trade and Industry Dato Lee Chee Leong, Bangladesh High Commissioner in Malaysia AKM Atiqur Rahman, BMCCI President Nasir A Choudhury,
chairman of the fair organising committee Syed Nurul Islam, former BMCCI President Syed Moazzem Hossain, BMCCI secretary general Raquib Mohammad Fakhrul and treasurer Syed Almas Kabir spoke at the inaugural session.
Speaking at the function, the Malaysian Deputy Minister said there is much that Bangladesh and Malaysia can do for further expansion of bilateral trade and investment. “Events like Showcase Bangladesh provides a good platform for us to explore the business potential,” he said.
The Malaysian Deputy Minister said his country’s investment in Bangladesh is currently concentrated on the energy and telecommunications sector. “The involvement of Malaysian companies in Bangladesh can be further expanded.”
Chee Leong said several areas like infrastructure, power generation, telecommunications, education and hospitality are identified as having potentials for Malaysian involvement and investment in Bangladesh.
“This showcase presents various opportunities to network. I urge our Malaysian and Bangladeshi businesses to make full use of the business making sessions,” he added.
Being recognised as a leader in Islamic finance and the halal industry, the Malaysian Deputy Minister invited Bangladeshis to explore opportunities in these sectors to facilitate trade and help diversify the range of products and services.
Chee Leong said Malaysia will be an ideal gateway for Bangladeshi companies wanting to expand their businesses in the region as Malaysia will assume the Chairmanship of Asean next year.
Bangladesh envoy to Malaysia Atiqur Rahman said Malaysia is among the 10 largest investors in Bangladesh, but there is enough scope for further investment.
“I call upon the Malaysian investors to undertake new investment ventures in our fast growing manufacturing, services and infrastructure sectors,” he said.