Suzuki will manufacture highend cars next year at an auto manufacturing factory in Thilawa Special Economic Zone (SEZ), said Mr. Takayuki SuJiyama, Managing Director of Suzuki (Myanmar) Motor Co.
Suzuki has already firmly established itself in the Myanmar automobile market and now plans to fulfill the need for all types of cars, Mr. SuJiyama said.
Suzuki has bought 20 hectares of land in Thilawa SEZ on which it will build a factory. Construction of the factory is slated to be complete next year. Currently, Suzuki imports auto parts into Myanmar and then manufactures the cars.
Suzuki has produced two model locally — the Suzuki Ertiga and the Ciaz. The demand for these models is high, Suzuki officials said. Suzuki mainly produces highend models, but plans to sell the cars at affordable prices. Suzuki will produce left-hand drive cars.
Besides Suzuki, there are three other foreign car manufacturing companies which will establish auto manufacturing factories in Myanmar, according to an announcement released by Myanmar Investment Commission (MIC).
Source: The Global New Light of Myanmar
