Malaysian companies secure more projects in Bangladesh

KUALA LUMPUR, Dec. 1 (NsNewsWire) — Malaysian companies have secured several large infrastructure projects in Bangladesh worth about 11 billion Malaysian ringgit (about 3.43 billion U.S. dollars), an official said here Monday.
Malaysia’s Special Envoy for Infrastructure to India and South Asia S. Samy Vellu said among the projects were a power plant in Cox’s Bazar, an apartment project in Dhaka, the supply of 400 passenger coaches for the Bangladesh Railways and a crude handling facilities project, reports Xinhua.
“We will sign the contract for the apartment project this month, and the rest of the contracts are being negotiated, and I expect them to be finalized within a month or so,” he told local media ahead of the official visit of Bangladesh Prime Minister Sheikh Hasina to Malaysia beginning Tuesday.
“We are working on other projects and the Bangladesh government has offered Malaysia more housing projects. It’s a booking market for the housing sector, what more with a population of more than 140 million people,” he said. Enditem