Toyota to build assembly plant in Thilawa SEZ

27 May 2019
Toyota to build assembly plant in Thilawa SEZ
Toyota pick-up truck. Photo: Toyota

Toyota has decided to build an assembly plant in Myanmar, according to a NHK report.

Sources say pick-up trucks for the local market will be assembled at the plant in the Thilawa Special Economic Zone near the country's biggest city, Yangon.

Toyota is seen investing tens of millions of dollars to manufacture thousands of trucks annually and the company plans to start construction this year.

Japanese automaker Suzuki already has a factory in the country, and has built up a more than 50% market share.