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BP: Burma woos Japanese firms to s
- Subject: BP: Burma woos Japanese firms to s
- From: suriya@xxxxxxxxxxxx
- Date: Tue, 31 Mar 1998 03:02:00
March 31, 1998
AUTOMOBILES
Burma woos
Japanese firms to
set up assembly
plants
Phusadee Arunmart
Rangoon has asked Japanese car and motorcycle companies
including Toyota to assemble vehicles in Burma.
The military government made its request through an automobile
industry working group which includes industry members from
Asean and Japan.
Ninnart Chaithirapinyo, president of the Thai Automotive
Industry Association, who attended the meeting, said Burma has
more potential than Laos or Cambodia for vehicle industry
development.
Burma has 47 million people and 368,000 vehicles, compared
with 11 million people and 68,407 vehicles in Cambodia, and
4.7 million and 37,566 in Laos.
Toyota tops the Burmese government's list for assembly plant
investment because used Toyotas, imported from Japan, have
70-80% of the local market.
Japan's International Cooperation Agency will study the
possibility of car assembly in Burma.
Mr Ninnart added that Thailand could help Burma, Laos and
Cambodia to develop car repair industries.
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