BMW | Mercedes Benz | Will Assemble Cars in Bangladesh

BMW and Mercedes Benz cars will manufacture or assemble in Bangladesh. The Finance Minister of the Peoples Republic of Bangladesh AHM Mustafa Kamal said that Germany has proposed to assemble BMW and Mercedes Benz cars in Bangladesh. Both of the companies already assemble cars in Thailand through a progressive production system. Now they want to start the same assembling in Bangladesh.

They will make some spare parts of BMW and Mercedes Benz here in Bangladesh and some spare parts will bring from overseas. Later cars will be assembled here. The company representatives will meet the Prime Minister of Bangladesh Sheikh Hasina regarding this issue and after discussion, next steps will be taken. On 10 September 2019, a visiting German business delegation, led by the German ambassador Peter Fahrenholtz, expressed their interest during a meeting with the Finance minister at his Sher-E-Bangla city office.

The finance minister said it was a very good proposal for development of the country. Because if these companies start car assembling or manufacturing here then we don't have to import expensive cars from abroad anymore. Another very good suggestion is that they have promised that they will assist us in ensuring that our GSP benefits are not terminated.

A high-level business delegation from Germany is currently staying in Dhaka for a five-day visit to explore the potential of trade and commerce in Bangladesh. The Finance Minister also said that our relations with Germany are very well known. They have been investing in our country for a long time. Right now they are proposing us that they want to use our jute industry in a big way which is one of our major export earnings.

And inside all the car manufacturer companies in Germany, there are many uses for jute. As with most cars in Germany, jute is used in almost all. The German Asia-Pacific Business Association along with the Association of German Chambers of Commerce and Industry arranged the visit to the German business delegation. The team comprises of business representatives involved in the textile, furniture, shipping, eco-technology, banking and tourism sectors etc.

Mercedes-Benz is a German global automobile marquee and a division of Daimler AG. The brand is well known around the world for luxury vehicles, buses, coaches, and trucks. The headquarters of Mercedes-Benz is located in Stuttgart, Germany. In 2018, Mercedes-Benz was the biggest selling premium vehicle brand in the world, having sold 2.31 million passenger cars.

BMW - Bayerische Motoren Werke AG, commonly referred to as BMW is a German multinational company which produces automobiles and motorcycles. The headquarters of BMW is in Munich, Germany. The company produces motor vehicles in Germany, Brazil, China, India, South Africa, the United Kingdom, the United States, and Mexico etc. In 2015, BMW was the world's twelfth largest producer of motor vehicles, with 2,279,503 vehicles produced.

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