Honda Bikes | Made in Bangladesh

Honda Corporation has started manufacturing Honda Motorcycles in Bangladesh with the motto "Honda will be ahead, along with Bangladesh". Honda will be now will be Made in Bangladesh. From now Honda Brand Bikes will be manufacture here in Bangladesh. Japan's giant Motorbike Factory “Honda Motor Corporation” and Industries Minister of Bangladesh Mr. Amir Hossain Amu inaugurated the factory on 25 acres of land in Abdul Monem Economic Zone (AMEZ) in Munshiganj on Sunday, 11^th November 2018.

Abdul Monem Economic Zone (AMEZ) is located in Gazaria, within two mouzas (Bausia and Jajira) of Gazaria upazilla under Munshiganj district. The area is popularly known as Daudkandi which is located west side of Meghna – Gomti Bridge (Daudkandi Bridge). Total covering area is almost 216 acres of land (with option for expansion up to 300+ acres) of exclusively owned land by Abdul Monem Limited.

MP of Bangladesh Government Mr. Saber Hossain Chowdhury, Executive Officer of BEZA Mr. Harunur Rashid, Head of motorcycle department of Honda Motors, Noriyaki Abe, Asia and Oceania chief Masayaki Igarasi, Chief Financial Officer Shah Mohammed Ashikur Rahman were present in the inauguration.

Bangladesh Honda Private Limited (BHL) operates in a single industry segment in Bangladesh under a joint venture between Honda Motor Company Limited, Japan and Bangladesh Steel and Engineering Corporation (State Own Corporation) under The Ministry of Industry, The Peoples Republic of Bangladesh. Honda investment in new factory is BDT 190 Crore and 93 Lac and BSESE's investment is BDT 107.77 Crore taka. The total investment in the future will increase to BDT 680 Crores. Employment will be for two thousand people.

Honda Motor Corporation has opened a company jointly in the name of Honda Bangladesh Limited (BHL) with partner to the Government agency Bangladesh Steel and Engineering Corporation (BSEC). Honda has plans to increase the number of manufacturing motorcycles in the factory within a year, they will manufacture two lacs bikes in the year 2021.

The Company was incorporated in Bangladesh on 4^th December, 2012 as a private limited company and a joint venture agreement was signed on 27^th September, 2012. The commercial production of the company started again from November 01, 2013 with the symbol of Honda two wheelers, the “Wings”.

Now Honda Corporation will make an appeal to the government to write 'Made in Bangladesh' on the new motorcycle manufactured. Tax will be lower after getting this recognition. The company said the permission about “Made in Bangladesh” will reduce the price of motorcycle.

Bangladesh Honda Private Limited organized an inauguration program on 11^th November at the factory in Abdul Monem Economic Zone. Industries Minister Amir Hossain Amu was present as the chief guest. Industries Minister congratulated Honda for the completion of construction of the factory on time. He urged Japanese companies to invest in car manufacturing in the country. Apart from this, the officials of different government and Honda headquarters and local offices were present.

After the ceremony, the officials of the factory told about the different aspects and specialties of the factory. They said, initially the new factory will be made motorcycle structure or body frame and switch arm. Welding and Painting work will also be done in the factory then adds the remaining machines and parts. However, soon Honda will be able to make a piece of these parts.

BHL Managing Director Yoshiro Ishi said, localization has started with the new factory in Bangladesh. In future, most parts will be made in this country. About the price he said, the government will now have to apply for tax rebate. After getting the tax deduction, the price will be reduced accordingly. It is not possible to say how much it will be reduced for now.

Japanese ambassador Hirosu Izumi said earlier in Dhaka that the Honda plant will have a positive impact on Japanese investment in Bangladesh. Paban Chowdhury, executive chairman of Bangladesh Economic Zones Authority (BEZA), said that a special economic zone only for the Japanese is going to launch in the country and the government is positive about another establishment.

Honda Motor Corporation's Senior Managing Director Yoshi Yaman said that Honda has sold 1 million 95 million motorcycles worldwide last year. Honda does not give any discounts to the quality of the field.

For more details please visit official website of Bangladesh Honda Private Limited.

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