Myanmar: Suzuki to open Yangon factory in 2018
Myanmar: Suzuki to open Yangon factory in 2018
Wednesday, 20 July 2016 – Suzuki Motor Corporation is planning to expand its operations in Myanmar with a factory in Thilawa special economic zone that will start production in 2018, the company’s managing director said yesterday.
The Japanese multinational first started making automobiles and motorcycles in Myanmar in 1999 at a joint-venture factory with the government in Yangon’s South Dagon township.
“After 12 years of operations we had to stop production, as our investment permit expired,” said managing director Takayuki Sugiyama of Suzuki (Myanmar) Motor Company. “However, we maintained the facilities and restarted production in May 2013, with a new licence.” Read More?