Myanmar's automotive industry is set to grow. The market hit a record with a strong demand in 2019Q4 at 91.832, an increase of 4.4% The government is also encouraging the development of automobile assembly industry by allowing auto manufacturers to import products that are important to make vehicles in the country.
However under the new automotive policy 2019, only the vehicles with left-hand drive can be imported for the purpose of road safety and conform to Myanmar's traffic route direction.
Our automotive advisory services encompass Myanmar's mobility market across many areas, including automotive digitalization, smart and electric vehicles, commercial and passenger vehicles, automotive aftermarket, and many more. Market Research Myanmar is committed to support players to penetrate and win over the market.