Yunus launches joint venture “G Japan Sunpower Auto Limited”

Nobel laureate professor Muhammad Yunus on Wednesday last launched G Japan Sunpower Auto Limited, a joint venture of Grameen Distribution Ltd and Rabbani Auto-mechanic Shop of Bangladesh and Sunpower Corp of Japan, reports UNB.

Ashraful Hassan, managing director of Grameen Distribution Limited, Takuya Kawamura, president of Sunpower Corp and a team of CEOs from 17 Japanese small companies were present during the event.

The joint venture's MOU was signed at the annual programme of Social Business Day (SBD) back in 2017. Since July 2018, the joint company started its operation to repair automobiles.

The company also has a young entrepreneurship programme to help Bangladeshi entrepreneurs. Some of them will be trained in Japan, opening the way for them to become more skilled.

G Japan Sunpower focuses also on car repair with appropriate hybrid car repairing technology from Japan. In addition, they will be involved in car and waste tire recycling and electric vehicle manufacturing.

They also plan to build international standard automobile workshops to ensure quality service to automobile users.

G. Japan Sunpower Auto Limited will facilitate 3 to 4 young Bangladeshi energetic individuals who will go to Japan every year to work at hybrid car repair shops there for advance training and practice.

Successful candidates will have the opportunity to be an individual entrepreneur in Bangladesh or to get an employment opportunity.