Nissan to set up assembly facility in Myanmar this year

Japanese car maker Nissan will set up an assembly shop in Myanmar this year in partnership with Tan Chong Motor Group. Nissan will also setup a manufacturing facility to benefit from the growing economy in the Southeast Asian region.

In the first phase, Nissan will assemble the Sunny at the existing plant followed by a complete transfer of production capacity to the new plant. The new plant will have a manpower of 300 with a production capacity of 10,000 units.

"With today's announcement, we are on the path to expanding our business...