📋 Tender Overview
Mitsubishi Motors is set to build an auto assembly plant in Bangladesh as part of its expansion in Southeast Asia. Mitsubishi and state-owned Bangladesh Steel and Engineering Corporation BSEC on Thursday signed a memorandum of understanding. The two parties will conduct a feasibility study on business opportunities to determine when to build the plant. The study will be completed by 2025. The new plant will cater to growing auto demand in Bangladesh by expanding knockdown production. The plants capacity the amount of the investment and which models will be made there will be determined based on the Bangladeshi governments support and incentives.
