With a view to making cars more affordable for local consumers, Bangladesh has started marketing the world-class, brand-new sedan cars.
To bring diversification to the automobile industry, the state-run top automobile company, Pragati Industries Limited, has started the assembling and marketing of the 1600 cc CERATO model brand new sedan cars with the most modern features of the world-famous Korean KIA vehicle, and the car is now available at the sales centre of the company.
The price of the car is fixed at Tk 45 lakh.
The information was formally disclosed at the 53rd annual meeting of the company held at the Bangladesh Steal and Engineering Corporation conference room at the city鈥檚 Kawran Bazar on Thursday with BSEC chairman and additional secretary M Maniruzzaman, also chairman of PIL, in the chair, said an official release on Friday.
Industries adviser Adilur Rahman Khan and senior industries secretary Zakia Sultana inaugurated the marketing of the sedan cars while visiting the new office and factory of the Pragati Industries Limited located in Chattogram on November 29.
Taking part in the annual meeting, PIL managing director M Abul Kalam Azad said that the Pragati was playing an important role in serving the country through marketing the vehicles in public and private sectors after assembling those automobiles.
Pragati Industries Limited has made significant profit this year amounting to Tk 72.62 crore, he said, adding that the company had also deposited Tk 168.89 crore to the state treasury.
Pragati board of directors and additional secretary M Shaminul Huq, additional secretary and transport commissioner M Abul Hasanat Humayun Kabir, additional secretary of the ministry of finance Mohammad Abu Yousuf, joint secretary and BSEC director (finance) M Osman Gani and joint secretary Farida Yasmin, among others, were present at the meeting.
