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MARKET UPDATE: NEW GOVERNMENT POLICY IN MYANMAR TO HEAVILY BENEFIT AUTOMOTIVE SECTOR

 
     
  Myanmar’s Ministry of Industry has launched a new automotive policy designed to heavily benefit the country’s automotive sector. The new policy will promote the usage of left-hand vehicles for road safety purposes, while control measures on imports of used right-hand drive vehicles will be implemented. Daw Yi Yi Kyaw, the general manager of the No.1 Heavy Industrial Enterprise under the Ministry of Industry commented that the new policy is expected to drive further growth in the domestic manufacturing and auto-related businesses. This includes businesses along the supply chain, such as machinery and parts manufacturing, supply of raw materials, after-sales service, parts distribution and insurance and financing services providers.  
     
   
     
 
In line with on-going developments in the industry, MYANAUTO 2019 – Myanmar’s No. 1 International Automotive Aftermarket Show aims to provide a one-stop platform to meet the growing demands of the country’s auto aftermarket sector. Held at one of Myanmar’s major economic centres, Yangon, the Expo is scheduled to take place at the Myanmar Expo Hall, from 6-8 September 2019.
 
 
     
  Need we say more? This business-to-business trade show is the best avenue to get ahead in Myanmar’s auto aftermarket sector.  
     
  Don’t let this opportunity go! Contact Ms. Saw at saw@ambtarsus.com to book your preferred booth location today!  
     
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