President seeks more Malaysian investment

President Mohammed Shahabuddin has urged Malaysian investors to come up with more invests in various sectors, including Special Economic Zones (SEZs), in Bangladesh.

The President made the call as new High Commissioner (HC) of Malaysia in Dhaka Mohd. Shuhada Othman presented his credentials to him (President) at Bangabhaban on Thursday noon.

Welcoming the new Malaysian HC to Bangladesh, the president said bilateral ties between Malaysia and Bangladesh in different sectors, including trade and investment, are very excellent.

The Head of State said the recent visit of the Malaysian Prime Minister in Dhaka has opened a new chapter of the bilateral relations between the two countries.

Mentioning that Malaysia is one of the destinations for Bangladeshi manpower, President Shahabuddin said the Bangladeshi labor force plays an important role in the economic development of both the states.
The President requested the Malaysian government to take effective steps about 18,000 Bangladeshi workers, who could not go to Malaysia in time earlier.

Noting that Bangladesh is Malaysia's second largest trading partner in South Asia, he hoped that bilateral trade and investment relations would further expand in the days to come.

Malaysia would assume the chairmanship of ASEAN next month the president said, further expressing the hope that Malaysia would cooperate and support Bangladesh in becoming a Sectoral Dialogue Partner of the ASEAN.

The new high commissioner would take necessary measures to reach the existing relation in a new height during his assignment in Bangladesh, the president expected.

During the meeting, the new Malaysian High Commissioner expressed his determination to make all-out efforts to increase bilateral trade and investment.

He sought the president's overall cooperation in discharging his duties.

President's Office Senior Secretary Nasimul Ghani and Military Secretary Major General Mohammad Adil Chowdhury were present there.