Local and foreign shareholders of Bangladesh Auto Industries Ltd holding a meeting with Kazi Mohd Aminul Islam, executive chairman of Bangladesh Investment Development Authority (BIDA) on Sunday. The company will manufacture environment-friendly two-wheeler, three-wheeler and four-wheeler cars within March-April of next year. Local and foreign shareholders of Bangladesh Auto Industries Ltd held a meeting with Kazi Mohd Aminul Islam, executive chairman of Bangladesh Investment Development Authority (BIDA) on Sunday.
The company will manufacture environment-friendly two-wheeler, three-wheeler and four-wheeler cars within March-April of next year, said a statement.
Managing Director of the company Mir Masud Kabir disclosed this in a meeting with Kazi Mohd Aminul Islam, executive chairman of Bangladesh Investment Development Authority (BIDA) on Sunday.
The company, a joint venture entity with the financial support of Mango Technology Ltd and foreign investors is now establishing the factory at Mirsharai in Chittagong.
During the meeting, the BIDA chief assured the company management of all-out cooperation for the successful completion of the project and said Bangladesh offers a safe and secure foreign investment policy in the country.
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