Internet Edition. March 3, 2008, Updated: Bangladesh Time 12:00 AM 
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Chinese motorcycle to enter country's market



BUSINESS REPORT



Chinese motorcycle is to enter Bangladesh's market from this month, a distributor said yesterday. 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 hundreds of Chinese motorcycles are now on way to the southeastern Chittagong port and will be showcased at the AAK & Zak Company's sales centre in 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 per cent of the market share. In Bangladesh, more than 120,000 units of motorcycle were sold in 2007.

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