Suzuki to Resume Production in Myanmar
Japanese automaker Suzuki Motor Corp said today it will resume production in Myanmar, the latest in a push by Asia's second-biggest economy to tap the once-isolated state. Small-vehicle producer Suzuki, which has seen huge success in India with its Maruti Suzuki unit, said it will invest about USD 7.0 million to restart its wholly-owned Suzuki (Myanmar) Motor in the commercial capital Yangon. Production will start from May at the factory, which was operated as a joint venture with Myanmar's government between 1998 and 2010, a Suzuki spokesman said.
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