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Home News Auto News Toyota To Build New Plant In Myanmar Toyota To Build New Plant In Myanmar Auto News Eric | May 29, 2019 01:42 pm Toyota will be building its first-ever plant in Myanmar, marking the sixth plant in the Southeast Asian region.According to a report by Nikkei, Toyota is expected to invest ‘tens of millions of dollars’ in the new plant, which will initially assemble about 10,000 pick-up trucks annually. The new plant will be located in the Thilawa Special Economic Zone outside Yangon.At the moment, Toyota operates five plants in the region, including in Thailand, Indonesia, and Malaysia, though the company is rather wary of entering Myanmar as the market is small and securing local suppliers may prove to be challenging.Despite that, the government is trying to encourage foreign car manufacturers to invest in the country. Imported pickups are slapped with up to a 40% registration fee of their import price, while locally-assembled cars are not subjected to these charges, but can enjoy tax exemptions.In addition to tax exemptions, the Myanmar government has also begun curbing imports of right-hand drive vehicles.Apart from setting up the new production facility, Toyota also needs to set up a local supply chain in Myanmar. Several Japanese suppliers, such as battery maker GS Yuasa and wire harness supplier Yazaki have decided to open their factories in Thilawa as well. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Toyota Print Related News Watch This Touching Father’s Day Ad From Toyota Insights Hans | June 30, 2015 Father’s Day is coming this 21st June. In honour of dotting fathers around the world, the team at Toyota Motor’s Japan marketing office has recently ... What A Pro-Driver Thinks of the Toyota Camry Hybrid Reviews Hans | July 15, 2015 Our friends at Roda Pusing have quite impressive CVs. Hisham Jahudi is an advanced driving instructor at MotoMassa Driver Training and a former ... This Is How Toyota Builds Some Of The World’ Most Reliable Cars Insights Hans | July 28, 2015 Toyota’s reputation for reliability needs no further introduction. Fleet operators swear by their Hiace vans, workmen rely on their Hilux trucks, ... Tokyo 2015: Toyota S-FR, A Sub-86 Fun Car Auto News Hans | October 08, 2015 This is the Toyota S-FR, a concept car that will be displayed at the coming 2015 Tokyo Motor Show. As you might have already guessed from its looks, ... Comments
Toyota To Build New Plant In Myanmar Auto News Eric | May 29, 2019 01:42 pm Toyota will be building its first-ever plant in Myanmar, marking the sixth plant in the Southeast Asian region.According to a report by Nikkei, Toyota is expected to invest ‘tens of millions of dollars’ in the new plant, which will initially assemble about 10,000 pick-up trucks annually. The new plant will be located in the Thilawa Special Economic Zone outside Yangon.At the moment, Toyota operates five plants in the region, including in Thailand, Indonesia, and Malaysia, though the company is rather wary of entering Myanmar as the market is small and securing local suppliers may prove to be challenging.Despite that, the government is trying to encourage foreign car manufacturers to invest in the country. Imported pickups are slapped with up to a 40% registration fee of their import price, while locally-assembled cars are not subjected to these charges, but can enjoy tax exemptions.In addition to tax exemptions, the Myanmar government has also begun curbing imports of right-hand drive vehicles.Apart from setting up the new production facility, Toyota also needs to set up a local supply chain in Myanmar. Several Japanese suppliers, such as battery maker GS Yuasa and wire harness supplier Yazaki have decided to open their factories in Thilawa as well. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Toyota
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Watch This Touching Father’s Day Ad From Toyota Insights Hans | June 30, 2015 Father’s Day is coming this 21st June. In honour of dotting fathers around the world, the team at Toyota Motor’s Japan marketing office has recently ...
What A Pro-Driver Thinks of the Toyota Camry Hybrid Reviews Hans | July 15, 2015 Our friends at Roda Pusing have quite impressive CVs. Hisham Jahudi is an advanced driving instructor at MotoMassa Driver Training and a former ...
This Is How Toyota Builds Some Of The World’ Most Reliable Cars Insights Hans | July 28, 2015 Toyota’s reputation for reliability needs no further introduction. Fleet operators swear by their Hiace vans, workmen rely on their Hilux trucks, ...
Tokyo 2015: Toyota S-FR, A Sub-86 Fun Car Auto News Hans | October 08, 2015 This is the Toyota S-FR, a concept car that will be displayed at the coming 2015 Tokyo Motor Show. As you might have already guessed from its looks, ...