Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) is on a move to organise ‘Bangladesh Trade and Investment Summit’ in Kuala Lumpur, Malaysia in March to boost Malaysian investment in Bangladesh and bridge the trade gap between the two countries, reports UNB. Newly elected members of the Board of Directors of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI), led by its President Syed Moazzam Hossain, met Executive Chairman of Bangladesh Investment Development Authority (BIDA) Kazi M Aminul Islam in the capital yesterday and discussed the plan.

The BMCCI President informed that the Bangladesh High Commission in Malaysia is going to organise Bangladesh Festival during 22-23 March, 2018.

In conjunction with this, the BMCCI wants to arrange Bangladesh Trade & Investment Summit in cooperation with Bangladesh Investment Development Authority (BIDA).

Syed Moazzam in a memorandum submitted to the Executive Chairman mentioned that Bangladesh considers Malaysia as one of the major sources of Foreign Direct Investment (FDI).