BMCCI for more M’sian investment in BD

Leaders of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) on Sunday sought the government’s cooperation in having increased Malaysian investment in the country. Malaysian investors are looking forward to relocation of some of their industries in Bangladesh, considering the cheap labour and big internal market, they told Industries Minister Amir Hossain Amu at a meeting at the Secretariat. Malaysian businesses are interested in road construction, light engineering, automobiles manufacturing, health, tourism, information technology, education, housing, furniture manufacturing and various other sectors in the country, they added. The Industries Minister said the proposal for Malaysian investment in the industrial sector of the country looks very encouraging as it is  expected to facilitate technology transfer in related industries. He called on the BMCCI leaders to put in efforts to reduce the trade gap between Bangladesh and Malaysia. The BMCCI delegation was headed by its president Nasir A Chowdhury, according to a news agency.