Toyota opens new Myanmar plant put on hold following coup

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Toyota opens new Myanmar plant put on hold following coup
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Toyota Motor Corp said on Wednesday it has begun assembling cars at a new plant in Myanmar whose start was put on hold for more than 19 months after a military coup and during the coronavirus pandemic.

The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China, April 19, 2021. REUTERS/Aly Songsaid on Wednesday it has begun assembling cars at a new plant in Myanmar whose start was put on hold for more than 19 months after a military coup and during the coronavirus pandemic.

The Japanese automaker said the plant, which is opening even as other companies have pulled out of the country, has begun to assemble one or two vehicles a day, working from parts kits shipped to Myanmar in September. Japanese companies and other multinationals have faced pressure to pull out of investments in Myanmar that have been seen to benefit the military."We believe this meets our initial intention to contribute to the industrial development of Myanmar ... and to support our employees and their families' lives," Toyota said in a statement.

"Under these circumstances, we are continuously making every effort to comply with all relevant laws and regulations."

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