Cars of globally renowned Hyundai will be manufactured in Bangladesh.
Fair Technology Ltd, local distributor of Hyundai Motor Company, will set up a designated factory at a high-tech park in the country.
Fair Technology Ltd and Bangladesh High-Tech Park Authority have signed an agreement in this regard on Tuesday at a hotel in Dhaka, in presence of ICT State Minister Junayed Ahmed Polok, said a press release.
Hosne Ara Begum, managing director (secretary) of Bangladesh High Tech Park Authority, and Ruhul Alam Al Mahbub, managing director of Fair Technology, signed the deal on behalf of their respective organizations.