ACI Motors to receive Tk 84 crore foreign investment

ACI Motors, a subsidiary of ACI, is going to receive Tk 83.99 crore in foreign investment, which the company will use for the expansion of its business. FMO (a Dutch investment bank), CDC (Commonwealth Development Corporation) and Norfund are the investors. The three will buy the shares of ACI Motors in the name of Bangladesh Managed Account CV, which is a limited partnership.