Addressing a press conference at Walton's Motijheel office here, Agate Group's Founder and Chairman Dr. Sultan Abdul Kadir said his group is willing to set up a motor plant in Bangladesh.
The Malaysian business group
recently signed an agreement with local RB Group
to import its Walton brand products to market those in South East Asian countries where Agate
has its business.
The Agate Group's
chairman said his
company finds very good potentials to market Walton products and motor vehicles to be produced here in countries like Malaysia, Indonesia, Cambodia, Singapore and Myanmar.
A delegation of Agate Group
, led by Sultan Abdul Kadir
, is now visiting Bangladesh to explore business potentials here.
Mentioning Bangladesh as a brotherly country, Sultan Abdul Kadir
said there is huge natural resources and very cheap labour in Bangladesh which the country could easily exploit to produce world-class products.
believed that the proposed motor vehicle manufacturing plant will be a viable project as there is a huge market in Bangladesh and in its neighbouring nations for motor cars and other vehicles.
"We would move forward with our proposed ventures if we get necessary support from the government and other agencies," he