Bangladesh is opening its doors to Malaysian businesses, with Chief Adviser Professor Muhammad Yunus inviting major companies to invest in key sectors like affordable housing, healthcare, ports, education, solar energy, and agro-processing, promising a brighter future for both nations. During meetings in Kuala Lumpur, Yunus met with prominent business leaders, including Jeffrey Cheah of the Sunway Group, urging them to build affordable homes for the growing number of factory workers near industrial zones. With Bangladesh experiencing rapid urbanization, the need for housing and infrastructure is urgent, especially in the southeastern region where new ports and economic zones are sprouting. Yunus highlighted recent government reforms that make it easier for businesses to invest, creating a welcoming environment for foreign companies. Cheah expressed enthusiasm for exploring these opportunities and even proposed scholarships for Bangladeshi students, noting that thousands of Bangladeshi workers already contribute to Sunway’s construction projects. He also praised their skills, advocating for longer work permits in Malaysia. In another meeting, Syed Mokhtar Al-Bukhary, a leading Malaysian entrepreneur behind Proton and MMC Corporation, pledged investments driven by a desire to support Bangladesh’s people, not just profits. He showed keen interest in solar energy and agro-processing, aligning with Bangladesh’s push for sustainable growth and food security. Mokhtar emphasized responsible development, particularly for communities affected by river and fishing projects, ensuring investments benefit locals. The Bangladesh Investment Development Authority highlighted the need for large-scale construction and healthcare facilities, with Sunway’s expertise in hospitals seen as a perfect fit. These discussions reflect Bangladesh’s ambition to become a hub for innovation and economic growth, leveraging its young workforce and strategic location. The government’s business-friendly reforms, such as simplified investment processes, are designed to attract global partners like Malaysia, fostering job creation and infrastructure development. The talks also deepened ties between the two nations, symbolized by Mokhtar’s gift of a book on Tipu Sultan to Yunus, celebrating shared cultural connections. As Bangladesh continues to modernize, these investments could transform urban areas, improve healthcare access, and boost renewable energy, creating opportunities for millions. This collaboration showcases the power of international partnerships to drive sustainable progress, positioning Bangladesh as an attractive destination for businesses eager to make a meaningful impact.
