Myanmar preps for manufacturing of electric buses

NATIONAL NEWS

Myanmar is preparing to export approximately 50 per cent of buses assembled in the country and manufactures electric buses, according to the Ministry of Investment and Foreign Economic Relations.
“The country is striving for the production of electric buses in the coming years,” U Aung Naing Oo, Union Minister for Investment and Foreign Economic Relations replied to the media while inspecting the SC Auto company on 22 November 2021.
The Singapore-based SC Auto company, which has a 100-per-cent investment in Myanmar, is assembling, manufacturing, repairing and maintaining passenger vehicles. Its factory was established at the Yangon Industrial Zone in Mingaladon Township of Yangon Region in 2019.
About 600 buses can be produced under the Completely Knocked Down system every year and about 50 per cent of them are aimed for exports to some regional countries. Those assembly plants are operating with wholly foreign investments, the MIFER stated.
Moreover, a series of discussions for the importation of the spare parts and components of electric buses and distribution of electric buses in the domestic market is being undertaken. Singaporean investors are also conducting business analysis and feasibility studies for manufacturing electric buses. — Ko Naing (Bago)/GNLM

Share this post
Hot News
Hot News
Appointment of Head of Service Organization
59th Gems Emporium to feature pearls, gemstones, and jade sets
Lacquerware Technology College prepares multifaceted welcome for foreign visitors
Chairman of SSMNC receives Chinese Ambassador to Myanmar and party
Myanmar-Russian armed forces exchange honorary medals for further cementing strategic partnership relations, military and civilian technological cooperation
NSPNC meets representatives from seven NCA-signatory EAOs
Commemorative ceremony marks 8th Anniversary of Mekong-Lancang Cooperation (MLC)
Thai Ambassador calls on MoHT Union Minister
MoRAC DM-led delegation arrives back after 31st meeting of ASCC
Chinese Ambassador calls on DPM MoFA Union Minister