• Wednesday, Mar 20, 2019
  • Last Update : 06:04 pm

Industries minister: We will not import cars, rather manufacture

  • Published at 11:18 pm March 14th, 2019
humayun
Industries Minister Nurul Majid Mahmud Humayun inaugurates the 14th Dhaka Motor Show at the International Convention City Bashundhara on March 14, 2019 Courtesy

14th Dhaka Motor Show kicks off

Industries Minister Nurul Majid Mahmud Humayun said that Bangladesh will not import cars in future, but will manufacture them.

He made the remark after inaugurating the “14th Dhaka Motor Show 2019”; “5th Dhaka Bike Show 2019”; “4th Dhaka Auto Parts Show 2019” and “3rd Dhaka Commercial Automotive Show 2019” at the International Convention City Bashundhara on Thursday.

“We do not want to be dependent on others. We will manufacture our own cars, the minister said. 

Speaking at the event, Humayun said the local market has a huge demand of automobiles so “it has to be retained by manufacturing cars locally”.

He further said: “Handing over this market to others will never be logical and we cannot only depend on imported cars.”

Humayun urged young entrepreneurs to come forward to invest in the local automobile industry.

Putting emphasis on developing “own brand” instead of assembling and importing cars, he said imported reconditioned cars would lose the market soon in the country due to the evolving modern automobile industry.

The industries minister said his ministry would provide all types of cooperation including land allocation to the entrepreneurs who come forward for local automobile brands.

The three day event has been organized by CEMS Bangladesh in association with CEMS Global which will end on March 16. The fair will be open to everyone from 10:30am till 8:30pm during these days.

Reyad Hasnain, MD of REL Motors Limited; Shawn Hakim, MD of Rancon Motorbikes Limited; Enamul Haque Chowdhury, director, Energypac Power Generation Limited;  Anis Ud Dowla , executive director, Karnaphuli Group; Meherun N Islam, president and Group MD, CEMS Global - USA and Asia Pacific was present in the ceremony as special guests.

New attraction at this year’s Motor Show 

Subaru Bangladesh is exclusively showcasing its Subaru BRZ 2019 model car and is offering special discounts on various models of vehicles to mark its re-launch in Bangladesh.  

Haojue is launching its exciting new motorbike DR160 at the expo as well. 

Numerous financial institutions are participating in the expo with attractive offers on various types of automobile loans.

Featured showcases and experiences at this year’s Dhaka Motor Show include vehicles including cars, Sports Utility Vehicles (SUVs), Multi Utility Vehicles (MUVs), commercial vehicles, buses, trucks, three wheelers, alternative energy driven vehicles; also, motorcycles, scooters and mopeds. 

The expo will also showcase auto parts and services like automotive components and spare parts, garage and garage equipment, accessories, insurance products and services.

Auto finance and leasing, IT for auto industry, oil and lubricants, CNG Kits and units, tyres and wheels, design concepts, auto electronics, coach builders and designed vehicles.

The Dhaka Motor Show is endorsed by its Gold Sponsor Subaru Bangladesh; the Bike Show’s Platinum Sponsor is Suzuki and Gold Sponsor is Karnaphuli (Haojue). 

Energypac is the Platinum Sponsor for the Commercial Automobile Show. Independent TV is the broadcast partner to the event. Other strategic partners are: Media partners The Daily Star and Samakal; Radio partner Radio Today 89.6; Magazine Partners Fintech and Business Times, Media Monitoring Partner Ryans Archive. 

BikeBD and Deshibiker are online media partner and moto blog partner for the Bike Show respectively.