Htaukkyant factory to assemble Daewoo buses

Mini-buses will be assembled by the Myanmar Trade Center Co., Ltd. at Htaukkyant factory in cooperation with Daewoo Bus Corporation, said Dr Kyaw Kyaw Aung, the managing director of Myanmar Trade Center Co., Ltd., according to a newspaper report in Myawady Daily. Myanmar Trade Center Co., Ltd. operates the Htaukkyant factory under a long-term lease […]

South Korea’s Daewoo Granted Lease on State-Owned Car Factory, Plans to Start Making Busses Locally

The government has agreed to lease a state-owned factory to a joint venture between South Korean bus-maker Daewoo and local compa­ny Myanmar Trade Centre, paving the way for Daewoo buses to be built locally. By letting the factory, which is located in Htauk Kyant in northern Yangon, the government is putting into action its economic […]