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INSIGHTS

Toyota to enter Myanmar market

Toyota to enter Myanmar market
Toyato automobile Company is preparing to enter Myanmar, it will be initiated by import of mills and factories utility vehicles. Including Toyota group, foreign enterprises are waiting for the enactment of new foreign investment law and presently, Toyato Tsusho corporation which is a member of Toyota group is prepar
Toyato automobile Company is preparing to enter Myanmar, it will be initiated by import of mills and factories utility vehicles.

Including Toyota group, foreign enterprises are waiting for the enactment of new foreign investment law and presently, Toyato Tsusho corporation which is a member of Toyota group is preparing to import and sell them out the industrial utility vehicles connecting with some of domestic companies.

Toyota Group is going to import and sellout firstly the "Forklifts" of the utility of mills and factories and it has been reported that cushion fire lift Truck, Pneumatic Tire Lift Truck, Rider Lift Truck, Pallet Truck, walkies stracker, Reach Track, Oder Picker and Hand Pallet Truck are included.

There are good potentials of the entering of foreign investments into Myanmar and the industrial utlity vehicles market will become wide. Presently, the forklifts manufactured by US, Japan, South Korea and China are utilizing in Myanmar.

Toyota groups is preparing to extend their works in each sectors within Myanmar and it is also a brand of Japan which is most popular in Myanmar.

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