Baratakia Enterprise to market Thai light vehicles
Bss, Dhaka
Monika Motors Ltd of Thailand and Baratakia Enterprise of Bangladesh have signed a memorandum of understanding (MoU) under which Baratakia will act as the sole distributor, importer and assembler of Monika Motors' products in Bangladesh.Chumras Virojanapa, president and CEO of Monika Motors, and Md Monirul Islam Yousuf, chairman of Baratakia Group, signed the MoU in Bangkok, while Jubidur Kabir, CEO of Baratakia Enterprise, and Thanat Edlokomol, export manager of Monika Motors, were present, said a press release here yesterday. The light vehicles of Monika Motors generated with CNG (compressed natural gas) and LPG (liquified petroleum gas) facilities have been appreciated in the developing countries, the release said, adding that Baratakia hopes the vehicles will get good response in Bangladesh.
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