Fair Technology yesterday came one step closer to realising its plans to assemble Hyundai vehicles in Bangladesh to catch up with the demand from a burgeoning middle class.

The concern of Fair Group signed a contract with Bangladesh Hi-Tech Park Authority (BHTPA) to establish a plant on six acres of land.

"We hope to invest $125 million in the next three to five years to develop facilities. Our target is to start commercial production by the second quarter of 2022," said Chief Marketing Officer Mohammed Mesbah Uddin.

https://www.thedailystar.net/business/news/hyundai-cars-be-assembled-locally-2023177