Myanmar preps for manufacturing of electric buses


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