Mitsubishi for joint venture car assembling in Bangladesh

February 24, 2010

Mitshubishi Motors Corporation of Japan is going to get its Sedan car assembled in Bangladesh under joint venture with the state-run Progoti Industries Limited, as the famed carmaker tries to spread its wings wider.
Besides, the Japanese firm would provide technical assistance for setting up factories for manufacturing spare parts of Bangladeshi vehicles.
A delegation of Mitshubishi, led by its zonal manager for Asia Kazuhide Ogata, held out the offers during a meting with Industries Minister Dilip Barua at the latter’s office yesterday.
“The delegation held an elaborate discussion about the assembling of Sedan Car Lancer EX and Pajero Sports Jeep of Mitshubishi Model in Bangladesh,” said an official source.
The minister and the delegation both agreed on signing a MoU with Progoti Industries Limited within a few days for Sedan car assembly.

Courtesy of UNB via The Independent

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