The Bangladesh government is planning set to manufacture CNG three-wheelers through state-run Atlas Bangladesh, Industries Minister Dilip Barua disclosed this in his ministry’s annual performance report saying that “We are looking for prospective investors from India and China.” “We will implement the plan within the shortest possible time, because we got offers to make three-wheelers locally from leading manufacturers of these two countries,” he said.
The government started a project to assemble sedan car Lancer Ex and Pajero sports vehicle in Bangladesh under a joint venture with Progoti Industries Ltd and Japanese automaker Mitsubishi Motors. Mitsubishi will assemble the cars at Progoti’s Chittagong plant and already arried out a feasibility study. The Japanese carmaker is currently assembling Pajero Jeep V6 for Bangladesh in a deal with Progoti. Barua said the adoption of a new industrial policy was a big success of his ministry, which envisions turning the country into a middle-income nation by 2021. The new policy sets a target to increase the contribution of the industrial sector in GDP to 40 percent, from 28 percent now. “We hope to increase the contribution of the industrial sector to employment generation to be 25 percent from 16 percent,” he said.