A new Metro Car Haat (Fair), the second fair of reconditioned cars in the capital, began Friday morning at the T&T School and College ground in Motijheel, reports BDNEWS.
Mir Nasir Hossain, president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), inaugurated the fair Friday.
The fair will remain open from 7 am to 7 pm every Friday.
Entrepreneur and convener of the fair Abdul Momen, FBCCI vice president Mohammad Ali, the principal of T&T School and College, no-34 ward commissioner Mirza Khokan and no-33 ward commissioner Harun-ur-Rashid, among others, addressed the inaugural ceremony.
Mir Nasir said such kind of car fair is necessary in Motijheel, which is well known as a busy commercial area in the capital. Both the ward commissioners assured the organisers of providing necessary security at the fair.
Abdul Momen said both the general buyers and businessmen in the area would be benefited from the fair.
Since the entry fee and commission from sales are lower than the other fairs of reconditioned cars in the capital, both the buyers and sellers would be benefited from the fair, he added.
Every seller of reconditioned car has to give 1.5 percent commission from sale proceeds and Tk 150 as entry fee at the car fair.
The organisers of the car fair said that a part of the money collected from the fair would be donated to the College Development Fund. Besides, they are providing assistance in getting bank loans.
At least three cars worth Tk 0.7 million were sold on Friday. Cars with prices ranging from Tk 0.2 million to 1 million will be on sale at the fair. Almost 40 cars were on display at the fair Friday. A fair of this kind has been taking place at school fields in the capital for the last five years.