Mitsubishi Motors keen to invest in BD

block
UNb, Dhaka :
Mitsubishi Motors Corporation, a Japanese multinational automotive manufacturer, is keen to invest in Bangladesh for flourishing industrialization here.
A three-member delegation of the company, part of the larger Mitsubishi Group, headed by Ryujiro Kobashi, Vice President and Division General Manager for South Asia, Middle East and Africa and Europe, arrived in Bangladesh on May 14 on invitation of Bangladesh Investment Development Authority (BIDA). They will leave the country on May 17, a press release said on Thursday.
Other members are— Junichi Sabanai, General Manager of Production Engineering Division and Yasuhiko Ueda, Assistant to General Manager.
Today, they met with Commerce Minister Tipu Munshi, National Board of Revenue (NBR) Chairman Md. Mosharraf Hossain Bhuiyan and Bangladesh Economic Zones Authority (BEZA) Executive Chairman Paban Chowdhury to discuss investment angles for the development of an automotive industry in Bangladesh.
“Mitsubishi Motors wants to support the motorization and industrialization of Bangladesh. I am visiting Bangladesh this time to discuss that with the honorable members of the Bangladesh government,” said Mr. Kobashi.
BIDA Executive Chairman Kazi M Aminul Islam said that the market size for automobiles in Bangladesh is going to catch up to its rapid economic growth and higher income of its people.
block