Malaysia keen to invest in Bangladesh

Malaysia is keen to invest in Bangladesh’s petroleum, ship building and energy sectors to the mutual benefits of two economies. Malaysian High Commissioner to Bangladesh Jamaluddin Bin Sbeh said this while taking part in the views sharing meeting with the leaders of Chittagong Chamber of Commerce and Industry (CCCI) here today.

He also assured of further simplifying the visa issuing process of the Bangladeshis, especially for the businessmen, towards that effect. Describing Bangladesh as one of the most potential trade and investment hubs in South Asia, the Malaysian envoy laid emphasis on increasing bilateral trades between the two brotherly countries. “Initiatives would be undertaken for facilitating visits of increased number of Malaysian entrepreneurs to Bangladesh to witness the overall investment-friendly atmosphere prevailing here,” he said.

Welcoming the Malaysian envoy, CCCI President M A Latif MP urged his government to import more Bangladeshi products to help reduce the ever increasing trade imbalance between the two nations. After the meeting, Jamaluddin Bin Sbeh along with his entourage members left the port city for Bandarban, Cox’s Bazar and Teknaf this afternoon to see for themselves the huge prospects in tourism and fishery there. CCCI President M A Latif MP and Director Emdadul Haq Chowdhury are accompanying the Malaysian envoy during the visit.

-Daily Star