Mercedes, BMW to be produced in Bangladesh

Finance Minister AHM Mustafa Kamal said Germany has assured support in retaining GSP facility; proposed to manufacture luxurious cars like Mercedes Benze and BMW in Bangladesh. The Minister told this to newsmen after he held a meeting with a visiting delegation of Germany at his office, at Sher-e-Bangla nagar, led by German Ambassador to Dhaka, Peter Farenholtz.

"Germany will manufacture Mercedes Benze and BMW in Bangladesh as they assemble it in Thailand through progressive manufacturing system. They will manufacture some parts of BMW and Mercedes Benz here. They will meet Prime Minister also to discuss it and later step will be taken in this regard", Minister added.

Minister said they have made another good proposal that they will help so that the GSP facility of Bangladesh in their country is not cancelled. A high level delegation of Germany is now on a five-day visit to observe the business potentials here.