Trade Resources Company News Myanmar Government Pass a New Production Plant Raised by Suzuki

Myanmar Government Pass a New Production Plant Raised by Suzuki

Japanese automobile manufacturer Suzuki Motor has obtained the approval from the Myanmar government to establish a new production plant in Myanmar.

The company plans to invest about $7m in its plant in Thilawa district, Yangon to start the production of the compact trucks.

The automobile manufacturer plans to expand automobile production and sales in Myanmar with the infrastructure development advances in line with the economic liberalization.

In 2010, the company had suspended its production at the plant.

The company also plans to unveil the series model of its C-segment crossover at the upcoming 2013 Geneva International Motor Show that will be held from 5-17 March in Las Vegas, US.

The crossover model comes with the 4 wheel drive (4WD) technology and will be based on the S-Cross concept car that was introduced at the Paris Motor Show in September 2012.

Source: http://manufacturing.automotive-business-review.com/news/suzuki-gets-government-nod-to-set-up-new-plant-in-myanmar-070213
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Suzuki Gets Government Nod to Set up New Plant in Myanmar
Topics: Auto Parts