Ford opens Yangon factory

The government and motor giant Ford jointly opened a car assembly plant in Yangon on July 21.

Ford worked with Capital Automotive Limited and Capital Motors Limited to open the factory at the industrial zone in east Dagon Myothit.

Khin Tun, chairman of Capital Automotive, praised the collaboration.

The Capital Motors factory puts together Ford Rangers and the seven-seat Ford Everest SUV, available in Yangon and Mandalay. The Ranger costs around US$34,000 and the Everest costs from US$49,000.

“The factory has a manual production capacity of around 6,000 vehicles. If we need more we must go to semi-auto production. If we manufacture 30,000 to 40,000 vehicles, investment will increase and assembly costs will reduce.

If we go fully auto, assembly will be cheaper,” Khin Tun said.

The Ranger and Everest both use diesel.

Ford’s Asean chairman Mark Kaufman said the initial investment for the assembly plant was US$10 million and the most important point was that the vehicles needed to comply with Ford’s international standards. He said Ford had invested in training domestic technicians.

Source: Eleven