Business as usual at Suzuki facility in Yangon

The Suzuki company in Thilawa Special Economic Zone is operating as usual despite rumors circulating on February 2 that the automotive factory had shut down. Social media posts stating that the car manufacturer had ceased operations amid political unrest in the country went viral but a representative from the Thilawa Special Economic Zone (SEZ) Management Committee has quelled the rumors.

Daw Than Than Thwel, joint secretary of the committee, said that the company is operating normally. Manufacturing was briefly disrupted due to the loss of internet connection however that has been rectified. The joint secretary also confirmed that the Toyota company is in operation and is on track to meet their opening ceremony this month.
The committee added that investors at Thilawa SEZ do not have any plans to stop or pull out their investments thus far. “The rumours about the Suzuki factory shutting down is not true. The factory’s operations came to a temporary halt because of connection issues with the phone lines and the internet.

Manufacturing of automobiles is suspended as the offices of the Road Transport Administration Department are closed due to the COVID-19 outbreak. The cars that we ordered from the factory will arrive this evening,” said U Kyi Thar Han, chair of Suzuki KL Seven, a Suzuki car dealer. The Suzuki company has invested between US$800 million to $1 billion in Myanmar and CKD (Completely Knocked-Down) level manufacturing is expected to commence once their new facility is completed in 2023. – Translated

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Source: Myanmar Times

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