Target to increase motorcycle production to 10 lakh yearly

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DHAKA, June 23, 2019 : The government has set a target to increase the capacity of yearly motorcycle production to 10 lakh in 2027 which will also create an employment opportunities for 15 lakh people.

The information was reveled today at a coordination committee meeting for implementation of ‘Motorcycle Industry Development Policy-2018’ at the Industries Ministry in the city, said a press release.

Industries Minister Nurul Majid Mahmud Humayun presided over the meeting while State Minister for Industries Kamal Ahmed Mojumder and Industries Secretary M Abdul Halim, among others, were present.

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Humayun said the government is providing all sorts of policy support to the motorcycle industry aimed at building a developed Bangladesh.

“The Bangladesh Standards and Testing Institution (BSTI) is working to maintain the standard of accessories of the motorcycle industry. Bangladesh Industrial and Technical Assistance Center (BITAC) is giving necessary supports to the entrepreneurs,” he added.

Kamal Mojumder asked the motorcycle producing companies to send the list of sold motorcycle to the local district administration, Bangladesh Road Transport Authority (BRTA) and Industries Ministry to remove tax evasion in the motorcycle registration sector.