A high-profile Malaysian trade delegation will arrive here on June 3 with significant investment proposals for sectors like port, infrastructure and chemical fertilizer.
The 12-member delegation of Malaysian South-South Assoc-iation (MSSA) and Malaysia Industrial Development Authority (Mida) will stay in Bangladesh until June 7 processing the investment packages in consultation with government authorities.
They will have discussion with the commerce minister, the Board of Investment (BoI), FBCCI, BEPZA, Export Promotion Bureau, Chittagong Chamber of Commerce and Industry and other chamber bodies.
Secretary general of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) Syed Moazzam Hossain said the delegation will take a close look at the investment climate in the country.
"Malaysia has serious interest in investing for increasing the efficiency of Chittagong Port. The delegates are likely to show their interest to the government during the upcoming visit," he said.
The joint-chamber leader said the delegation will comprise some highly experienced investors and professionals, particularly for the port and infrastructure sector.
The team, on the other hand, is likely to express interest in investing in herbal medicine, industrial ventures like electronic and electrical industry, chemical fertilizer and agro-chemical sectors and expanding road communications network.
Moazzam said initially the delegates will inspect the investment situation and conduct a feasibility study. Following the study, they will come up with concrete investment proposals.
