Govt asks Mercedes, BMW, Volkswagen to set up plants in Bangladesh

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Bangla Tribune Report
Published : 18:32, Oct 18, 2019 | Updated : 18:32, Oct 18, 2019

Bangladeshi Foreign Minister AK Abdul Momen speaks during a meeting with Chinese Foreign Minister Wang Yi (not pictured) at the Diaoyutai State Guesthouse in Beijing, China Jul 5, 2019. REUTERS/FILE PHOTOThe government is trying to lure Mercedes, BMW and Volkswagen to set up plants in Bangladesh.
Foreign Minister AK Abdul Momen made the call in Berlin at a meeting with German business houses on Thursday (Oct 17).
The minister ‘called upon the German car manufacturers like Mercedes, BMW and Volkswagen to set up their assembly plants in the Bangabandhu Sheikh Mujib Shilpanagar in Chattogram.’
A foreign ministry press release issued Friday (Oct 18) said he also called upon them to invest in infrastructure, renewable energy and manufacturing sectors in Bangladesh.
Skill Development
The minister requested for assisting Bangladesh in building a strong work force of skilled young population, explaining that it would create a win-win situation for Bangladesh and the potential German investors.
Momen informed them of the skilled, young labour force available at competitive wages, and assured them of complete support of the government in ensuring profitable investments by German companies.
He called upon the German companies as well as the German Government to help Bangladesh in skills development.
President of BGMEA Rubana Huq participated at the meeting along with the foreign minister and she invited German businesses to invest more in Bangladesh in a sustainable way that would ensure better wages, better prices, and better consumer satisfaction.

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