Honda may invest $60m in motorcycle plant

Bangladesh Honda Private Ltd, a concern of Honda Ltd of Japan, has expressed its interest in investing $60 million in motorcycle manufacturing at a special economic zone in Bangladesh.

The company is currently manufacturing motorcycles under a joint venture with Bangladesh Steel and Engineering Corporation (BSEC), a state-run company, at a rented factory in Sreepur, Gazipur. The factory was set up at an investment of Tk 58 crore in 2013.

issued: Wednesday, July 27, 2016
updated: Wednesday, July 27, 2016

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