The Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), the biggest economic zone in Bangladesh, is set to be a gamechanger for the country’s trade as its strategic location offers easy access to domestic and international markets.
Both imports and sales of reconditioned cars declined due to price increases stemming from the increase in the price of US dollars and the prevailing macroeconomic vulnerability, according to market insiders and market data.
Fresh investment of around Tk 2,500 crore has been made in the automobile industry in the past two and half years since the formulation of the Automobile Industry Development Policy 2021, according to industry insiders.
Fresh investment of around Tk 2,500 crore has been made in the automobile industry in the past two and half years since the formulation of the Automobile Industry Development Policy 2021, according to industry insiders.
In order to fulfill its promise of cutting greenhouse gas (GHG) emissions as part of the country’s nationally determined contribution (NDC) under the Paris Agreement, Bangladesh is on the way to setting up a lithium battery production plant with an annual capacity of 1 gigawatt. Simultaneously, several electric vehicle manufacturing projects are in line as […]