Myanmar has been importing car parts and assembling them for years, but now Chinese cars will be produced here for the first time, at Myotha industrial zone in Ngazun township, Mandalay Region.

Shining Star Group of Kunming, China, established Gold AYA Motor International Co Ltd to make automobiles in Myanmar in 2017. The plant on more than 20 acres of land in Myotha industrial zone will manufacture high quality vehicles to be sold at reasonable prices, according to the company, with the ultimate goal of labelling them “made in Myanmar.”

Phase 1 of the factory project includes an assembly line for Semi Knocked-Down vehicles, equipment, car parts, storage godowns, parking, test-drive tracks, a fuel warehouse, dump areas, toilets and offices. It will require a US$30 million investment by the company and produce ten models of luxury cars, commercial cars, pickups, SUVs, and MPVs.

Within 5 years, the firm expects to sell over 50,000 cars with 40pc local production. Later, it expects to double the production. The first car to be made by the firm will be Beijing Auto Industry Corp.’s Changhe Q35 SUV, which rolls into Yangon and Mandalay showrooms on Friday.

Source: Myanmar Times 

926total visits,1visits today