Vehicles at the forefront of Myanmar’s drive for industrial growth

Toyota is developing an assembly plant in Myanmar,signaling strong growth prospects in the local market as the country looks to expand its manufacturing output. In late May the Japanese carmaker announced it will establish its first vehicle assembly plant in the country, in the Thilawa Special Economic Zone (SEZ) just outside of Yangon. Once it […]

South Korean car maker opens first assembly plant in Myanmar

As the government is pushing for car companies to assemble their vehicles in Myanmar, more international companies are setting up assembly plants in the country. Among the latest is South Korea’s Hyundai. The company launched its plant and its first semi-knocked-down (SKD) model on February 8. The local arm of Hyundai, Shwe Daehan Motorcar Assembly […]

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 […]