GERMANY TO PROD AUTOMAKERS INTO INVESTING IN BANGLADESH

THE GERMAN government has signalled that it could encourage its luxury carmakers to establish plants in Bangladesh, especially if the south Asian country invests in its energy, power and transport infrastructure. “We agreed it would be great if a German carmaker would invest in Bangladesh,” Peter Fahrenholtz, German ambassador to Bangladesh tweeted, after a meeting with Bangladeshi finance minister AHM Mustafa Kamal in the capital Dhaka on September 9 (2019). Indeed, he stressed that the country’s robust economic growth, (GDP expanded 8.13% in 2018-19), ...


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