Tipu Munshi urges Malaysian entrepreneurs to invest in SEZs

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BSS, Kuala Lumpur :
Commerce Minister Tipu Munshi Thursday urged the Malaysian entrepreneurs to invest in Bangladesh’s special economic zones (SEZs) as the government is providing all sorts of policy supports to the investors in those zones.
“The Malaysian businessmen may take the opportunity of investing in different sectors of Bangladesh. The sunset industries of Malaysia may be shifted to Bangladesh. Malaysia may take a dedicated economic zone in Bangladesh where only the businessmen of Malaysia may invest,” he said, addressing the inaugural session of the ‘Showcase Bangladesh-Go Global’ as the chief guest at the Royale Chulan Hotel here.
Bangladesh Malaysia Chamber of Commerce and Industry (BMCCI) organized the event in collaboration with the Bangladesh High Commission in Kuala Lumpur and it was supported by the Malaysia South-South Association (MASSA), Malaysia External Trade Development Corporation (MATRADE) and Bangladesh economic Zones Authority (BEZA).
State Minister for Expatriates’ Welfare and Overseas Employment Imran Ahmed, Deputy Minister for International Trade and Industry (MITI) of Malaysia Dr Ong Kian Ming, Bangladesh High Commissioner to Malaysia Shahidul Islam, Acting High Commissioner of Malaysia in Dhaka Amir Farid Abu Hasan, Bangladesh Association of International Recruiting Agencies (BAIRA) President Benjir Ahmed and BMCCI President Syed Moazzam Hossain also spoke on the occasion.
In the last decades, Tipu Munshi said, the socio-economic status and geopolitics of both the countries, Bangladesh and Malaysia, changed considerably. “We have expanded our trade and investment significantly. “However, we have enormous opportunities to expand our trade and economic ties,” he added.
He believed that there are a number of sectors and initiatives where both the countries may engage for a win-win benefit.
“Bangladesh has opened up its windows for the foreign investors. The diplomatic relations and partnership between Bangladesh and Malaysia now reached a higher level,” he added.
The commerce minister informed that one hundred SEZs are being established in Bangladesh and the investors may invest here.
Imran Ahmed said Bangladeshi labour has been playing a vital role for long in the economic development of Malaysia. “The Bangladesh government is providing special focus on creating skilled labourforce. Malaysia can bring more skilled manpower from Bangladesh,” he added.
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