May 01, 2013

Ford Motor Company officially launches operations in Myanmar

Ford Motor Company officially announced its entry into the rapidly opening Myanmar market through an exclusive agreement and partnership with Capital Automotive Ltd., a subsidiary of leading Myanmar conglomerate, Capital Diamond Star Group.

By the end
of the year, Ford plans to offer Myanmar customers a full showroom of global cars and trucks, representing all vehicle segments. The vehicles will be sourced and imported from Ford's global production facilities, including North America and Thailand.

"We see tremendous potential and opportunity for Ford in Myanmar, and we're looking forward to serving customers in this exciting market," said David Westerman, Regional Manager, Asia Pacific, Ford Export & Growth Operations. "We're also committed to making meaningful contributions and investments that will support the country's ongoing economic and social development."

Through its landmark deal with Capital Automotive, Ford will become the first global automaker to offer complete automotive solutions in Myanmar.

"We could not have found a better long-term partner than Ford, and we are looking forward to introducing world-class Ford vehicles and services to our developing market," said Ko Ko Gyi, Owner and Managing Director of Capital Diamond Star Group.  

Ford and Capital Automotive plan to expand with facilities in other markets across the country as business grows.


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