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Bangladesh: Malaysia sees investment opportunities in Bangladesh
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DHAKA, 27 February 2022, (TON): Malaysian Plantation Industries and Commodities Minister Zuraida Kamaruddin said “there is huge potential for Malaysian investment in Bangladesh, especially in palm oil, rubber and timber industries, as the demand for such commodities has increased in Bangladesh in recent times.”
The minister said at a press conference at a city hotel “Bangladesh's rising market of 180 million people and growing housing and construction industries are a good opportunity for Malaysia to invest.”
Zuraida arrived on February 23, after visiting India, to see the potentials of boosting bilateral trade and investments.
"Compared to last December, palm oil import from Malaysia to Bangladesh has increased by 113 percent. Similarly, import volume of other products like timber and rubber has also gone up."
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