Nissan says to start assembling cars in Myanmar this year
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TOKYO] Japan's Nissan Motor Co said on Wednesday it would start assembling cars in Myanmar this year for the first time, as the Southeast Asian country opens up its economy.
Japan's second-biggest automaker said it would initially use an existing facility of partner Tan Chong Motor Group to assemble the Sunny compact sedan. It will then transfer production to a new plant, in the Bago region, with a work force of about 300 and annual output capacity of 10,000 cars at full production.
"Demand in Myanmar is expected to grow rapidly following economic and political reforms in the country," Nissan said in a statement. Nissan has been selling imported vehicles in Myanmar since 2013.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
