Bangladesh to emerge as automobile industry hub by 2030: Humayun

Industries Minister Nurul Majid Mahmud Humayun today said the government has taken a plan to make Bangladesh as a regional automobile manufacturing hub by 2030.
"To achieve the goal, the government is giving utmost importance to the development of automobile industry. The automobile industry entrepreneurs should come forward more to this end," he said.

The minister said this while speaking as the chief guest at the inaugural function of manufacturing world-class air-conditioned bus and commercial bus bodies and truck cabins at IFAD Autos Limited Bangladesh, said a press release.

Humayun said Bangladesh is creating domestic demand in the automobile industry and increasing the export capacity of domestically produced automobile products.

He expressed the hope that the automobile industry would play an important role in achieving the Sustainable Development Goals (SDGs) by 2030 and building a better income country by 2041.

Humayun said IFAD Autos Limited has been making significant contributions to the country's transport sector for almost three decades.

Due to the quality, he said, the products of IFAD Multi Products of IFAD Group are being exported to 32 countries across the world.

Since its beginning, he said, IFAD Group has been able to gain the trust and confidence of the general public by marketing good quality products.

State Minister for Disaster Management and Relief Dr Md Enamur Rahman, Lawmaker Benjir Ahmed and Chairman of the Bangladesh Trade and Tariff Commission Munshi Shahabuddin Ahmed attended the function as special guests.

IFAD Group Chairman Iftekhar Ahmed Tipu presided over the function.