Published on October 1st, 2013 | by Daniel Sherman Fernandez0
Nissan and Tan Chong To Build Cars In Myanmar
Nissan has started manufacturing vehicles in Myanmar (with Malaysian, Tan Chong Motors), being the first automaker to do so since the western sanctions have been eased in 2012 in the country. Nissan, which is the sixth largest automaker in the world, has been granted approval by the authorities in Myanmar to build a plant here which will produce vehicles for the local market and which will use imported parts. The official announcement was made last week when CEO Carlos Ghosn visited Myanmar. Expanding in Myanmar is considered a natural move by Nissan which already has plants in the neighboring Thailand and India, and a strong presence in Malaysia and Indonesia. Although Nissan is the first big automaker to manufacture cars here, Ford has already started selling vehicles in this country, which is still dominated by used car sales.