IFAD, Ashok launch two commercial vehicles

IFAD Autos and Indian vehicle manufacturer Ashok Leyland have jointly launched a "Phoenix" pickup van and a "MiTR" minibus in Bangladesh. 

Iftekhar Ahmed Tipu, chairman of IFAD Group, and Amandeep Singh, president of Ashok Leyland, unveiled the vehicles at a hotel in Dhaka recently, said a press release.

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The 9 feet 8-inch-long pickup van produces 80 horsepower and travels up to 12 kilometres on a litre of diesel.

The minibus is equipped with modern features and air-conditioning system and is suitable for office, factory and school commuting as well as for tourists, according to Ifad officials.

It has a 118-horsepower engine and can carry 24 passengers.

Ifad Autos is providing a five-year warranty for the vehicles.

Sujan Roy, head of SAARC at Ashok Leyland, Tanveer Ahmed, Taskeen Ahmed and Tashfeen Ahmed, vice-chairmen of IFAD Autos, and Parvez Sajjad, adviser, were present.