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  MYANAUTO’16 EXPO NEWS:  JOIN THE SINGAPORE PAVILION AT MYANMAR’S BIGGEST AUTOMOTIVE PARTS, ACCESSORIES AND SERVICING EXPO AND ENJOY 50% REBATE  



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  Singapore-based companies are invited to participate in the IE-approved Singapore Pavilion at MYANAUTO’16 at the Tatmadaw Exhibition Hall in Yangon from 28-30 October 2016 and enjoy a 50% rebate on participation fees from the subsidised programme, along with double tax deduction and other benefits.  
   
  Myanmar's automotive aftermarket is undergoing an impressive growth phase following the ease of car import regulations after decades of restrictions, reveals a market study by Solidiance*. Demand for automotive spare parts and after sales services is on the rise as car circulation is dominated by second-hand units, with more than 20 Asian brands ruling the automotive aftermarket.  
     
  According to the Myanmar Ministry of Rail Transportation, the country had 643,719 registered cars in December 2014, a significant increase in a mere year and a half, when the tally stood at 260, 000. (http://www.consultancy.uk/news/2595/strong-growth-for-myanmar-automotive-aftermarket)  
     
  The growth of the automotive sector is not the only factor generating the expanding opportunities in the aftermarket. According to a recent study by Solidiance, an Asia-centric corporate consultancy firm, the dominance of second-hand vehicles leads to greater demand for spare parts and services. Moreover, the extreme climate and poor road conditions wear out automotive parts faster, accelerating vehicle spare parts replacement rates in the country. Accelerate your business in Myanmar now by joining MYANAUTO’16Myanmar’s Biggest Automotive Parts, Accessories and Servicing Expo,  
     
  Limited booths are available for participation at the Singapore Pavilion. Act now to reserve your booth! Contact Mr Steven Foo (Singapore) at stevenfoo@asiapam.com or Mr Darren (International) at darren@ambtarsus.com to book your booth today.