Hyundai car manufacturing factory was inaugurated in a grand ceremony at Bangabandhu Hi-Tech Park at Kaliakair in Gazipur on Thursday.
With the aim of ‘Step into the future’, Fair Technology has established the factory combining two industrial plots in Bangabandhu Hi-Tech Park with the support of globally leading Korean automobile giant- Hyundai. They started manufacturing Hyundai’s popular SUV- Creta at this factory.
The factory already manufactured about 100 of Hyundai’s popular SUV- Creta on this factory. The vehicles will hit the market within a few days.
Later on, other brands of Hyundai SUVs and Sedans will be produced gradually. Every Creta SUV is manufactured by importing more than 1,000 parts and multiple layers of paint from its own paint shop.
Industries Minister Nurul Majid Mahmud Humayun addressed the ceremony as the chief guest while State Minister for ICT Division Zunaid Ahmed Palak joined it as the special guest.
Korean Ambassador to Bangladesh Lee Jang-Keun and Managing Director of Hyundai Motor India Ltd. (HMIL) Unsoo Kim attended the ceremony as the guests of honor.
Entrepreneurs informed by operating one shift a day in the beginning, Fair Technology- Hyundai factory will be able to produce three thousand Creta SUVs annually. Through raising gradually the number will reach to ten thousand units car in a year.
Speaking on the occasion, Industries Minister Nurul Majid Mahmud Humayun said the inauguration of the factory is a strong step towards the implementation of the national vision- `SMART Bangladesh’.
He said, ‘Made in Bangladesh’ Hyundai SUV will run on the streets now as the symbol of fast-moving Bangladesh.
“We are proud that the world’s third-largest automotive company has chosen Bangladesh to set up its manufacturing plants,” said Zunaid Ahmed Palak.
He said it also a stamp of approval that the capability of Bangladesh has also grown up.
“The plant is initially employing 300 people. After completing diploma courses, many got employment here. This industry will create 5,000 jobs in the future,” he added.
Chairman of the Parliamentary Standing Committee on Ministry of Disaster Management and Relief Capt. AB Tajul Islam (Retd.), Senior Secretary of ICT Division N. M. Ziaul Alam, Secretary of the Ministry of Industries Zakia Sultana, Managing Director of Bangladesh Hi-Tech Park Authority Dr. Bikarna Kumar Ghosh, Fair Group Chairman Ruhul Alam Al Mahbub, Fair Technology Director, and CEO Mutassim Daiaan delivered the welcome speech.
“We humbly express our pride that we proved Bangladesh’s ability to produce the world’s best Hyundai cars. We believe this is a highly significant milestone of progressing Bangladesh,” Fair Technology Director and CEO Mutassim Daiaan said.
He said: “At this glorious moment we promise to deliver Hyundai SUV- Creta at a highly competitive and affordable price to our people. He further said that world-standard after sales service and availability of all spare parts at affordable prices has also been ensured.”
Fair Group Chief Marketing Officer (CMO) Mohammad Mesbah Uddin, Fair Group Chief Financial Officer (CFO) Kazi Nasir Uddin, Head of Communication Hasnain Khurshed, Head of Marketing Taslim Kabir, Head of Sales of Fair Technology Md. Abu Naser Mahmud and senior Officials of Fair Group were also present.
To ensure Customer-benefit, Fair Technology has already established multiple Sales, Service, and Spare Parts (3S) Centers in Dhaka and Chittagong and extending 3S facilities in other major cities including Sylhet and Bogura.