Toyota urged to set up plant in Bangladesh
Star Business Report
Dhaka Mayor Sadeque Hossain Khoka has invited Toyota, the world's leading car maker, to set up a joint venture car manufacturing plant in Bangladesh.The mayor said, "I invite you (Toyota) to examine the investment opportunities in Bangladesh." The mayor was addressing a function in Dhaka Tuesday. Navana Ltd, the sole distributor of Toyota vehicles in Bangladesh, organised the function to mark the formal launch of Toyota's Yaris car in the local market. Japanese Ambassador in Dhaka Matsushiro Horiguchi, Navana Ltd Chairman Shafiul Islam Kamal and Director Saiful Islam Shumon, Toyota Tsusho Corporation General Manager S Ito and Chief Representative in Bangladesh Takeshi Abe and Toyota Motor Corporation General Manager H Sakaguchi also attended the function. Toyota Yaris, built of 1300cc engine with VVT-I (variable valve timing intelligent) technology, is an environment friendly longer wheel-base car with the facilities of power window, power door monitor, wireless door lock, ABS, air bag, electric power steering and air conditioning system. The car will be available at Tk17.5 lakh, officials said.
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