June 19, 2017. Myanmar Trade Center Co will roll out locally manufactured Daewoo minibuses from its Htauk Kyant factory in Yangon by the end of this year, said the firm’s executive director U Kyaw Kyaw Aung, in a bid to help improve transport efficiency and ease congestion.

   The businessman added by 2018 the company will be producing city buses, which are aimed not only for the local market but also for export purposes.

   The city buses and the minibuses will be powered by compressed natural gas (CNG) and diesel engines, he said, adding that the company has already signed an agreement with the Ministry of Industry on May 30.

   “We signed a partnership agreement for this factory with Ministry of Industry. We make the investment for production of the buses while the ministry will help us in marketing. Daewoo is also our partner, and will provide the machinery, technical assistance and management,” said U Kyaw Kyaw Aung.

   Currently, Myanmar Coach Centre is an official distributor of Daewoo buses in the country and has imported a total of 15 Daewoo city buses for use on the BRT (Bus Rapid Transport) system since August 1 last year.