August 19, 2016

MP calls for halt to car manufacturing at local industrial zones

Untitled-1--Deputy Minister for Rail Transportation U Chan Maung on Monday said vehicle production will not be cancelled at local industrial zones so as to avoid creating unemployment.
Kanpetlet Township constituency MP Thura U Aung Ko suggested local industrial zones were losing money because cars produced there were in low demand, and were primarily being used for the old car exchange programme which allows another automobile to be imported at a lower tax rate.
Local industrial zones have manufactured nearly 100,000 cars up to 2014-2015 fiscal year, but there was little demand for them in the domestic market, the deputy minister said.
U Chan Maung also replied to the query of Launglon Township constituency’s MP U Aung Soe. The deputy minister said the construction of the Dawei-Myeik railway network will be continued in the third five-year plan of the project from 2021 to 2016.
The Pyithu Hluttaw Bill Committee tabled the bill on Intellectual Property Law of Industrial Designs submitted by the Ministry of Science and Technology.  The Pyithu Hluttaw then approved the bill to withdraw the Pension Act submitted by the Ministry of Finance, and the Vehicle Bill submitted by the Ministry of Rail Transportation.


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