Myanmar (Nay Pyi Taw)-China (Lancang) Trade Fair thronged with visitors on fourth day

THE fourth day of Myanmar (Nay Pyi Taw)-China (Lancang) Trade Fair held at the Myanmar International Convention Centre-II in Nay Pyi Taw was crowded with businessmen, departmental staff and public yesterday.
At the trade fair, 79 booths from 65 Myanmar business associations and companies and 40 booths from 70 Chinese businessmen exhibited electric vehicles (EV), motorcycles, tricycles, electric bicycles, and fuel-powered motorcycles.
Henan Feibo Vehicle Industry Co., LTD’s showroom from China introduced the BOMA-X9 electric vehicle at a rough price of around K12 million at the trade fair. When charging for about 100 miles per hour (55 km), it can charge at 220 volts with electricity, and the duration is between three and six hours respectively.
The BOMA-X7 and BOMA-X5 electric cars are priced at K8 million and K6.5 million respectively, and are available in various colours.
The BM-1.8 electric tricycle is priced at approximately K3.2 million, has a load capacity of 1.5 tonnes, and is equipped with a hydraulic system.
The company will sell the electric vehicle in the market soon. Motorcycles and tricycles were allowed to be test driven by the company, and shoppers came to view with interest.
“In this trade fair, there are two types of motorcycles on display: fuel-powered motorcycles and electric motorcycles. Only one type of electric motorcycle is displayed in this exhibition. The maximum speed of this electric motorcycle is 100 km per hour. But because it is new in the market, many people do not dare to use it yet,” said U Aung Kyaw Win, official of Myanmar New Power Motorcycle Co. Ltd in Dekkhinathiri Industrial Zone.
“Since it runs without making a sound, there is a difference compared to the usual vehicles, so they don’t dare to ride it. Charging time from zero to full charge is about seven hours. On a full charge, it can go between 40 and 50 miles.
“The electric bike is priced at roughly K5 million. Since this electric motorcycle is new, we are still in contact with the Ministry of Commerce to obtain a license. As it is currently a trial period, the installment system is not yet available. If the production is strong, there is a plan to introduce an installment system.
“The other one is 110 and 125 fuel-powered motorcycles. A licensed 125 motorcycle is sold at K16.5 million and a 110 motorcycle at K1.6 million. These two bikes will be licensed next week, so we have taken some records from the buyers. Once the licence is obtained, all buyers will be contacted for their licences,” he added. Charging time of the MG 4 (long range) Standard, NETA Pro, BYD Han, and Honda ENS electric vehicles sold at EV MALL Myanmar company showroom from Myanmar side are eight hours if AC system is used, and only 30 minutes if DC system is used, and can go up to 300 miles.
These models are covered by an eight-year warranty for the battery and motor. “Our bank’s 30th anniversary was coincided with the day of the trade fair. Our bank is not only participating in this trade fair but joining any event held nationwide. The purpose of participating in this exhibition is to match this trade fair with our bank’s products,” said U Tun Tun Lin, an official at the Yoma Bank showroom.
“Our bank also has programmes on car installments and housing loans. In addition, I think businessmen will also come to see. Therefore, since there are various types of loans, we would like to explain the loans that are suitable for them. I think that our bank’s activities will be spread to many people through this trade fair and they will be able to know more,” he added.
At the event, jewels, furniture, bags, clothes, snacks, coffee, local foodstuffs, cosmetics, electronics, solar and related products, Inverter and batteries, EV-charging and related items, wooden crafts, tea leaves, various kinds of bean, and Kokang traditional wears, and utensils were displayed.
At Mandalay Region Government’s project gallery, visitors can buy plots of land at a special price, as well as electric vehicles, motorcycles, tricycles and bicycles are also viewed with interest by businessmen and the public.
The fourth edition of the Trade Fair was held to further promote trade and investment between Myanmar-China traders, and achieve more friendship among businessmen. The trade fair aims to improve employment opportunities through cooperation between the tourism industry and the industrial technology sector.—Aye Aye Thant/KZL