Anews - Nissan motor start assembling cars in Myanmar in cooperation with Tan Chong Motor (Myanmar) Co Ltd (TCMM), the company that is handling sales, spare parts, and sales of Nissan cars in the country.
Nissan's first vehicle to be assembled in Myanmar it is the iconic Nissan sedan, New Sunny. Assembly while using the facility has an existing Tan Chong, Nissan Motor said in a statement.
Strategic move started assembling for Myanmar's local market is an important milestone for Nissan's plans for further expansion. Earlier, in February 2016, the executive of Nissan and Tan Chong Bago meetBago meet with government officials to sign land lease agreement with the representatives of the state Bago Region.
"With the introduction of local assemblies New Nissan Sunny today (18/1), we are confident that this will further strengthen our commitment and support to the Government of Myanmar in developing the automotive industry," said Dato 'Tan Seng Sung, Tan Chong Group consultant, in his speech ,"Nissan pleased to be a strong player in the growing automotive industry in Myanmar," said Yutaka Sanada, regional senior vice president, Nissan Asia&Oceania region.
"This is an important milestone in our growth strategy, which is wider in the region, including countries such as the Philippines, Vietnam, Cambodia, and Laos."
"I am pleased that Tan Chong Group, the sole distributor of Nissan vehicles in Myanmar, will further expand their business in Myanmar with CKD assembly plant, thus, bringing investment and employment opportunities for local communities to help boost economic growth and a higher level of income , "said the Chief Minister of Local Government Yangon, U Phyo Min Thein.