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Although the volume of exports is small, the items spread of Bangladeshi exports to Malaysia is quite diverse. These include commodities such as Camera Parts, Jute Manufacture’s, Knitwear, Home Textile, Crabs, Woven Garments, Frozen Fish, Shrimps, PVC Bags, other Manufactured goods, Bicycle, Shop towels, Pharmaceuticals, Textile Fabrics, Terry Towels, Jute Yarn and Twine, Leather, Cigarettes, Dry Food, Vegetables, Potato, Handicrafts, Printed Materials, Ceramic Tableware, Cap, Rice, Indicator lamps, Raw jute, Leather Bags and Purses, Electric Wires, Melamine Tableware, other Primary commodities, Salted and Dehydrated Fish, Shark Fins and Fish Maws, Furnace Oil, Cosmetics, Jute Carpet, Luggage and Fashion Goods, Tobacco, Footwear, etc.
Evidently Bangladesh has been suffering a chronic trade deficit with Malaysia which is growing every year. We need to take steps to reduce this trade gap by encouraging more Bangladesh exports to Malaysia.
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Malaysian companies registered with the BOI and the BEPZA for investments in Bangladesh:
- TM International (BD) Ltd. (Telecom)
- Westmont Power (BD) Ltd. (Power)
- Elpiji Malaysia (BD) Ltd. (LPG bottling)
- Hualon Group (Integrated Textile)
- Eserix Nirapad Ltd. (Automobile)
- Prolexus Lotus Kamal Ltd. (Textile)
- Maladesh International Pvt. Ltd. (Mosquito coil)
- BDC NCE PED consortium (Construction)
- CDG (Plastic)
- King’s Confectionery (Food)
- KPJ Group (Health Care)
- Ace Bicycle (BD) Ltd. (Metal)
- Alita (BD) Ltd. (Metal)
- Van Green (BD) Ltd. (Metal)
- Vextronic (BD) Ltd. (Electronic & Electrical goods)
- K & T Logistics Ltd. (Service Oriented Industry)
- Kung Keng Textile Co. Ltd. (Textile)
- Ring Shine Textiles Ltd. (Textile)
- Whitex Garments (BD) Pvt. Ltd. (Garments)
- Ocean Enterprise (Electronic & Electrical goods)
Still there is enough scope for Malaysian Prospective investors to invest either in 100% ownership or on join venture basis, in the sectors of Infra-Structure development including Roads & High ways, Port development, Power & Energy. Healthcare and Medicine, Textiles, Agro industries, Food Products, Ceramics, Electrical & Electronics, IT, Education, Furniture, Real Estate & Low-cost Housing. Malaysian Financial institutions can invest in Bangladesh by opening branches and providing Islamic banking and insurance services. Some State owned commercial Banks are off loading their shares to private owners where Malaysian investors can take a look.
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