![]() A new Tk 400 crore assembly plant would be constructed in Chittagong to facilitate an annual production output of 1,200 units. In March 2015, PHP Group and Proton announced plans to assemble Proton cars in Bangladesh. In the same year, car manufacturing company TagAZ announced that they would build their third factory in Bangladesh, aiming for exporting. In 2009, the Malaysian Agate Group proposed to build a car manufacturing plant in Bangladesh in cooperation with Walton, which itself is preparing to produce motorcycles. Operations commenced in August 2011, with an annual production output of around 500 units. In February 2010, Japanese car manufacturer Mitsubishi officially proposed to the Bangladesh government to locally assemble the Mitsubishi Pajero Sport in collaboration with Pragoti. The company has assembled over 50,000 vehicles since its inception in 1966. Pragoti Industries Limited (PIL) is among the oldest and largest automobile assemblers in Bangladesh. PHP Automobiles commenced assembly of Proton cars in 2017. ![]()
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