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Chinese motorcycle to enter Bangladesh's market
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11:29, March 02, 2008

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Chinese motorcycle is to enter Bangladesh's market from this month, a distributor said here on Saturday.

AAK & Zak Company, distributor of Chinese motorcycle in Bangladesh, said it has already obtained certificates from different government agencies.

"We are set to start commercial sales of the fuel-efficient motorcycles that can run on CNG to capture substantial share of its growing market," said Masum Faad, general manger of AAK & Zak Company.

He said several hundred of Chinese motorcycles are now on way to the southeastern Chittagong port and will be showcased at the AAK & Zak Co. sales centre in capital Dhaka.

Indian Hero Honda, marketed by state-owned Atlas Bangladesh Ltd,and Bajaj motorcycles, brought in by Uttara Motors, are now dominating Bangladesh's market, accounting for 60 percent of market share. In Bangladesh, more than 120,000 units of motorcycle were sold in 2007.

Source:Xinhua



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