Finance minister: Germany keen to set up BMW-Mercedes assembly plant

Sep 10, 2019

Finance minister: Germany keen to set up BMW-Mercedes assembly plant

Dhaka (Bangladesh) September 10: Finance Minister AHM Mustafa Kamal has said Germany has expressed interest to set up an assembly plant in Bangladesh.
Some car parts will be manufactured in the country while the rest will be bought from abroad and assembled at the proposed plant, the minister told reporters following a meeting with a five-member delegation, led by German Ambassador to Bangladesh Peter Fahrenholtz, at the Planning Ministry in Dhaka on Monday.
He also said the plant will act similarly to car assembly factories of these two brands in Thailand. If the plant is set up, Bangladesh will no longer need to import these two luxury brands from abroad.
The five-member delegation is on a five-day official visit to Bangladesh to explore new business opportunities
Source: Dhaka Tribune