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HomeTurbinebdTHE GOVERNMENT BAN ON IMPORT OF USED CARS: REASONS AND POSSIBLE EFFECTS

THE GOVERNMENT BAN ON IMPORT OF USED CARS: REASONS AND POSSIBLE EFFECTS

To put this as simply as possible, Bangladesh is on the verge of manufacturing local cars, and thus, to promote more manufacturing by local companies, the government is banning vehicle imports. All this will start taking action in the next five years. Although, there are already cars being manufactured in Bangladesh where state-owned Pragati has been manufacturing Mitsubishis and PHP group manufactures the Proton Prevé, which is not enough. Bangladesh is trying to manufacture an independent car under a Bangladeshi local brand without any foreign help.

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