YANGON, Myanmar – Nissan Motor Co., Ltd. and Tan Chong Motor (Myanmar) Co., Ltd. (TCMM) today announced that they have begun assembling cars for the first time in Myanmar with the iconic Nissan sedan, the New Sunny. The assembly operations will initially use the existing Tan Chong facility.
Nissan and TCMM made a strong commitment to Myanmar market which includes strong product line up and local production capabilities. Today’s event is a key milestone in the ongoing expansion plans for Nissan and its partner TCMM. Honourable Chief Minister of Yangon along with several dignitaries from business community, automotive associations joined the event alongside executives from Nissan and Tan Chong.
Earlier in February 2016, Nissan and Tan Chong executives joined Bago government officials to sign a land lease agreement with representatives of the country's Bago Region.
“With the introduction of the locally assembled New Nissan Sunny today, we are confident that this will further cement our commitment and support to the Myanmar Government in developing the automotive industry,” said Dato’ Tan Seng Sung, consultant to Tan Chong Group, in his opening remark.
“Nissan is pleased to be a strong player in the growth of automotive industry in Myanmar," said Yutaka Sanada, regional senior vice president, Nissan Asia & Oceania region. "This is a key milestone in our wider growth strategy in the region, including countries like Philippines, Vietnam, Cambodia and Laos. We are eager to develop a long and productive relationship with the people of Myanmar and continue to generate returns throughout the supply chain, stimulate jobs and investment."
“I am pleased that Tan Chong Group, the sole distributor of Nissan vehicles in Myanmar, will further expand their business in Myanmar with the construction of a CKD assembly plant, thus, bringing in investment and employment opportunities to the local community to help boost the economic growth and elevate income levels,” said Chief Minister U Phyo Min Thein, Yangon Region Government.
About Tan Chong Motor (Myanmar) Co., Ltd.
Tan Chong Motor (Myanmar) Co. Ltd was established in May 2013. The first Nissan 3S Outlet in Kamayut Township, Yangon offers full services to the local consumers. 15th August 2013 marks the date where Myanmar Investment Commission approved the application from Nissan Motor Co., Ltd and Tan Chong Group for license to manufacture and distribute Nissan vehicles in Myanmar. This new plant will result in TCMM working closely with the government to contribute to the Myanmar economy by hiring local talent and provide training to prepare for the future growth of the Myanmar market.
About Nissan in Asia and Oceania (A&O)
Nissan has been operating in the A&O region for over 50 years, employing more than 11,000 employees across research & development, manufacturing, logistics and sales & marketing operations. The A&O region itself encompasses markets across both Southeast Asia and the Pacific, with the regional headquarters based in Bangkok, Thailand. Nissan’s manufacturing operations in Thailand and Indonesia produce 160,000 vehicles per year, with the R&D centre in Thailand providing testing facilities for 90 countries globally. Nissan has developed long-standing regional partnerships with National Sales Companies like Tan Chong Motor, as well as developing a growing network of more than 750 dealers, to deliver a significant Nissan, Datsun and Infiniti product line-up to A&O customers.
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