Japanese automaker, Mitsubishi is eyeing the building vehicles in Myanmar

Mitsubishi Motors is considering building vehicles in Myanmar, as the Japanese automaker deepens its commitment to Southeast Asia, CEO Takao Kato told Nikkei, charting a way forward in a market battered by the coronavirus pandemic, Nikkei Asian Review reported.

Mitsubishi Motors has decided to focus on the 10-member Association of Southeast Asian Nations under a medium-term plan released late last month. The automaker will allocate resources to the region, which generates about one-quarter of the company's sales.

The Japanese automaker already has a production base in Vietnam, as well as in Thailand, Indonesia and the Philippines. Another Vietnamese plant is also under consideration. The plan is to add Myanmar to the list.

(Mizzima: http://www.mizzima.com/article/mitsubishi-eyeing-building-vehicles-myanmar )

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