The parliamentary standing committee on public corporations has recommended that state-owned vehicle assembler Pragati Industries Limited examine the feasibility of producing electric vehicles (EVs) in Bangladesh through joint venture investments. The initiative is expected to align with the government's electric vehicle policy.
The directive was issued during a committee meeting held at the Jatiya Sangsad Bhaban on Thursday. The information was shared in a press release issued by the Bangladesh Parliament Secretariat after the meeting. The committee has asked Pragati Industries to present a specific proposal and detailed presentation at its next meeting.
Other Agenda Items
During the meeting, the committee also discussed the financial health, profitability, revival of closed industries, and future development plans of enterprises under the Bangladesh Steel and Engineering Corporation (BSEC), the Bangladesh Sugar and Food Industries Corporation (BSFIC), and the Bangladesh Small and Cottage Industries Corporation (BSCIC).The government has recently formulated a national electric vehicle policy, setting targets to boost EV production and adoption across the country. In light of this policy, the committee has expressed interest in exploring the potential for domestic EV manufacturing through state-owned enterprises.
