Business-friendly process to bring more Malaysian investment
Urging government to simplify investment process for Malaysian business in knowledge-based innovative technology, President of Dhaka Chamber of Commerce Industry (DCCI) Hossain Khaled yesterday said Malaysias investment is mentionable in this sector.
If the process is made friendlier Malaysian businesses will increase investment in 2016, Khaled said.
Malaysia is the 4th country among the top five foreign investors in Bangladesh he said while addressing a seminar titled Bangladesh-Malaysia Trade Bonding: Opportunities and Challenges organised in the inauguration Ceremony of Showcase Malaysia 2015, yesterday at a hotel in the capital.
Paban Chowdhury, executive chairman, BEZA, and Malaysia-based company MATRADEs Director Abu Bakar Kayakutty presented two key-note papers in the seminar, organised by Bangladesh Malaysia Chamber of Commerce and Industry (BMCCI).
Participating in the seminar edotco Bangladesh Company Ltds Managing Director Darryll Sinappa said: We are operating business in Bangladesh with innovative telecom service. Edotco, a Malaysian company, has already invested USD 100 million in Bangladesh. We will invest a huge amount in 2016 if investment-friendly policy continues.
We are ready to serve Bangladesh telecom industry with our cutting edge technology. We want to provide quality service with our environment friendly fuel efficiency, he added.
