U Khin Maung Cho, Union Minister of the Ministry of Industry, said that seven more SKD auto factories have been approved to build Vehicles in the country, he announced this at the Pyidaungsu Hluttaw meeting held on February 13.
“They are producing automobiles using the SKD method, this is a marketable production method with the lowest operating cost. Now, there are nine companies producing automobiles and seven more companies planning to make automobiles,’’ he added.
The ministry will check if the imported auto parts used for making the automobiles meet the standard of its place of origin, and they will check requirements for importation if they are brand new.
It issues the CoA (Certificate of Authenticity) only after checking and receiving the Inspection Certificate (IC) of the original producers and the test drive.
The minister stressed that his ministry focuses on safety while allowing SKD auto production in order to promote industrial and social economic development. Therefore, they have formed an inspection team to scrutinize the safety of the vehicles produced under the SKD method, they have plans to shift to CKD in the future.
The nine companies making vehicles are from Japan, China, Malaysia, Singapore, Hong Kong and South Korea.
Source:https://www.mmbiztoday.com/articles/seven-new-auto-factories-produce-vehicles