The Company has informed that the Board of Directors has taken the decision that production of new (Assembly) unit of the company, situated at Dhamrai, Dhaka, financed out of IPO & own fund, will be commenced on February 02, 2017. The estimated production from assembly unit will be 1,000 vehicles initially in the current year 2016-2017 (Approx.) and it will be increased to 3,000 vehicles in the next years 2017-2018 (Approx.). The production will gradually increase to 10,000 vehicles per annum and onward.