Representational photo BigstockTo this end, the government is going to finalize the Automobile Industry Development Policy 2020Industries Minister Nurul Majid Mahmud Humayun on Monday said the ministry is working to produce Bangladesh’s own brand motor vehicles. To this end, the Automobile Industry Development Policy 2020 will be finalized very soon. Additional Secretary of the Industries Ministry Begum Parag and officials of the Industries Ministry and the Embassy of Japan were present on the occasion. “Other automobile industry entrepreneurs, including Japan’s Mitsubishi Corporation, are keen to increase investment in Bangladesh,” he added. He said the proposal of the industry ministry to modernize state-owned sugar mills and diversify products in the sugar industry would be seriously considered.

Source: Dhaka Tribune August 31, 2020 11:03 UTC