Burmese auto industry may get a boost

05/30/2012

Myanmar, or Burma according to some, has featured heavily in the news of late on account of its recent advances in democratization and the impending easing of some trade and investment sanctions. It could soon be the next hottest investment destination in Asia, although a decrepit infrastructure is in dire need of upgrading.

That hasn't fazed Japanese Tier I auto parts maker Toyota Boshoku (Kariya), whose president Shuhei Toyoda was reported in the reputable Nikkei publication of Japan to be considering investing there. The Toyota Motor-affiliated company is a major supplier of interior trim, seats and instrument panels....
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