Mitsubishi Japan Wants To Make Cars With Bangladesh

Mitsubishi Motor Corporation, a leading Japanese company, has offered assistance to Progoti Industries Limited in making Bangladesh's own brand of cars. Moreover, Mitsubishi Company has stated interest in investing in bus, truck, Pick-up and motorcar production jointly with state-owned company Progoti Industries.

The proposal was made by TatsuSatu, vice president of Mitsubishi Motor Corporation, during a meeting with Minister of Industries Nurulmajidmahmudhumayunon Wednesday (December 4th).Begum Parag, Additional Secretary of the Ministry of Industry, Chairman of Bangladesh Steel and Engineering CorporationSheikh Md. Mizanur Rahman, Managing Director of Progoti Industries Limited Md.Touhiduzzaman, Mitsubishi delegation member ShafiTanvir, Yasuhiko Yuida and Second Secretary of the Japanese Embassy in Bangladesh Yuko Asano attended the meeting.

During the meeting the investment of Mitsubishi Corporation in the automobile sector of Bangladesh were discussed. At this time, the issue of formulating a comprehensive automobile policy for Bangladesh was particularly discussed.Members of the Mitsubishi delegation said the automobile industry in Bangladesh has great potential. With the development of this industry, it is possible to increase employment as well as expand the backward linkage industry and produce importable cars.

Mentioning the Mitsubishi's long-standing business relationship with Progoti Industries, members of the delegation said they are currently combining Pajero Sports CR-45 and L-200 microbus with them. They noted that Mitsubishi is keen on producing new automobiles in partnership with Progoti to strengthen business relations. The industrial minister said the present government is providing all kinds of policy support to the development of the automobile industry as per the Prime Minister Sheikh Hasina's declaration to achieve the goal of creating jobs. A draft automobile industry has already been formulated to increase domestic and foreign investment in this industry.

At the meeting,Nurul Majid MahmudHumayun thanked Mitsubishi Corporation for showing their interest. At the same time, he wanted to continue this joint venture between Pragati and Mitsubishi to continue the product diversification program.

More News View All

(11 News available)

Tesla Receives One Million Cyber-Truck Reservations 2019-11-26

Tesla's chief executive officer (CEO) Elon Musk reviled, Tesla received 1.5 million cyber-truck reservations for the new model. On Thursday, company's executives were startled when the car's bulletproof glass window was shattered. The company's chief designer, Franz von Holzhausen, threw two metal balls and smashed the car's window glass. Within 48... English Bangla

Toyota Hybrid Car At TK 11 Lakh 2019-05-03

Toyota’s Fuel efficient Hybrid car is now only at 11 lakhs. (Model Toyota Aqua Hybrid) This one is a reconditioned car and this one is made with synergy driving technology. This one most amazing part is, it can run in battery along with the fuel by which, this is a fuel efficient car. This eco friendly car which is the model of 2013. Same ... English Bangla

Suzuki Winter Fair 2020-02-13

Cars and Four wheelers are becoming popular with the flow of time and it is easily can be notices when we are moving on the cities. From this point of view, Companies are quite active to make Four wheelers easy for the customer and the Car Fair is one of the parts of it. Suzuki Cars are imported by Uttara Motors and this company organ... English Bangla

Tata January Fest 2020 2020-01-28

Offers are always exciting and when it is about fuelling one of our desires then it becomes more interesting. Therefore, the joy of something new is always precious. Thinking to have a new car! Let your new year be started with a new car and for that Tata has bring in a new offer to make the process easier. On this January only you will get attract... English Bangla

Best Selling Cars 2020-02-18

The wheels are turning and the world is improving’ - The wheels on which the cars are moving are different, the shape and the size of the cars has changed for different destinations. 2019 was attractive for the car lovers. Car makers were into a competition for the construction of environmentally friendly new vehicles, reducing pollution and fuel... English Bangla

Car Tips View All

(3 Tips available)

Things To Do After Buying An Old Car 2019-12-07

In our country Old cars are a big part of the whole cars sells. Many people buy their first car a used one or an old one. Old does not mean reconditioning, I mean a person's used car. In fact, in a low-income country like ours, one of the major adjustment between demand and ability is buying an old car. But many of us do not know what to do afte... English Bangla

Things To Keep In Mind When Buying An Old Car 2019-12-04

Many of us want to buy an old used car. Even though the old car is available at a comparatively low price, but buying an old car from rather than a new car is lot trickier. If you do not see everything exactly, then instead of profit maybe the loss will bother you more at the end of the day. Because in most cases the old car is purchased from a str... English Bangla

Why You Should Buy A Used Car? 2019-12-30

Why Buy An Old Car? Are you having trouble buying an old car? Well, let us see if you can be encouraged today. So, you want to buy a car. But in my mind, you are thinking, will I buy an old car or a new one. It is quite natural to come to this kind of dilemma. InshaAllah today the Expert members of Desicar will point out some of the benefits o... English Bangla

Used Cars View All