Hyundai car manufacturing plant launched in Bangladesh

Hyundai has officially opened its car manufacturing plant in Gazipur’s Kaliakoir, Bangladesh, with distinguished guests hailing it as a “potential game changer” not only in the Bangladesh automobile market and industry, but also in the overall partnership between the country and South Korea. The Industries Minister of Bangladesh, Nurul Majid Mahmud Humayun, inaugurated the plant as the chief guest.

The Industries Minister, Nurul Majid, said that it is a historic day and the beginning of a new era for the Hyundai brand in Bangladesh. He also assured of government support to Hyundai’s journey in Bangladesh, citing the country as a big internal market.

Fair Group Chairman, Ruhul Alam Al Mahbub, said that it is Bangladesh’s time to move ahead further and they will invest more and create more jobs for the country. South Korean Ambassador, Lee Jang-keun, said that Fair Technology’s Hyundai automobile factory will not only allow Bangladeshi consumers to purchase globally recognized, top-quality cars at an affordable price, but will also contribute to the technological and industrial development of automobiles in Bangladesh. He also noted that the presence of Hyundai Motors, the 3rd largest global supplier of automobiles, in Bangladesh will bring numerous positive ripple effects in various businesses and industries.

Ambassador Lee also highlighted the efforts of the Fair Group in bringing in the two biggest Korean companies, Samsung and Hyundai, to Bangladesh. He said that Samsung Electronics, which started manufacturing in Bangladesh less than 10 years ago, is already leading the electronic consumer market in the country, with Samsung mobile phones becoming the number one brand in just a few years after it started manufacturing there.

He also said that this year will mark a milestone in taking the South Korea-Bangladesh relationship to a new height and that he will do his utmost, together with his Bangladesh friends and partners, to make it happen. The Hyundai assembly factory in Bangladesh is expected to play an important role in taking the partnership and friendship between South Korea and Bangladesh to another level.