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July 20, 2019

120 car sales centres, 44 show rooms open as of May

Union Minister Dr. Than Myint addresses the meeting of Supervisory committee for Motor Vehicle Imports and Related Business in Nay Pyi Taw yesterday. Photo: MNA

About 120 car sales centres and 44 showrooms had bee opened as of May, according to the Supervisory Committee for Motor Vehicle Imports and Related Business.
Dr. Than Myint, Union Minister for Commerce, who is also the chairman of the committee, said at the committee’s meeting on Friday that the committee is also encouraging the development of the automobile assembly industry.
Between April, 2018 and January, 2019, the committee has allowed eight auto manufacturers to import products that are essential to make vehicles in the country, with the permission of the Myanmar Investment Commission, he said.
“Priority must be given to investors who offer technological assistance to the country through assembling and manufacturing their products in accordance with the MIC’s rules and regulations,” he said.
He urged committee members to deal with difficulties through negotiations with the concerned departments, in line with their procedures.
The committee discussed the development of the automotive industry and the assembly of vehicles in the country.
The committee members reported the progress of their works in each sector to the Union Minister. —MNA (Translated by Khaing Thanda Lwin)

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