KL team shows interest in ICT investments

Newly-elected president of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) Syed Moazzam Hossain welcomed a 10-member business delegation from Malaysia led by Dato' Tan Seng Sung of TC Management Service Corporation in BMCCI Office here.

Moazzam Hossain initiated the discussion and briefed the forthcoming plan of activities of the BMCCI, reports BSS.

Highlighting the business scenario between Bangladesh and Malaysia, he emphasised potential trade and investment in Bangladesh in different sectors.

Dato' Tan Seng Sung briefed about the objectives of their visit and said they were interested in investing in solar development projects, ICT, franchising e-garage, assembling of truck and bus.

The investors are also considering ventures into agro-processing products.

BMCCI president said that the government has a plan to go for 2,400 MW power generation for renewable energy and solar in 2021 in renewable energy sector.

Mr Hossain said state-run Bangladesh Investment Development Authority (BIDA) along with the BMCCI was going to organise the ICT Showcase in April next in Kuala Lumpur.

"The government is going to set up an IT park in every corner of the country to utilise its huge ICT trained-manpower," he said, adding that Malaysia can be a good partner with Bangladesh in ICT or IOT sector.

During its tour, the Malaysian delegation will visit BIDA, Ministry of Energy, Bangladesh Power Development Board, Power Cell, Sustainable Renewable Energy Development Board (SREDA), Bangladesh Agro Processing Association (BAPA), and CPA.