RMA Group, in partnership with Capital Manufacturing Limited (CML) opened a new Ford Assembly Plant in Yangon, Myanmar in 2017 which was inaugurated at an official launch ceremony on July 21st 2017.
The newly built plant is a first for Ford manufacturing in Myanmar, further strengthening the relationship between RMA Group, Ford Motor Company and CML. The plant provides direct investment into Myanmar’s economy, a number of new job opportunities and the immediate availability of competitively priced locally assembled Ford vehicles for the expanding domestic car market. In addition to the macroeconomic benefits, customers will be pleased to know that Fords assembled by CML can be purchased together with a Yangon car license.
Located in East Dagon Industrial Zone, the plant currently assembles the Ford Ranger and Ford Everest. The factory has a current manual production capacity of 6,000 vehicles and a potential for semi-auto production capacity of 30,000 to 40,000 vehicles. Ford Motor Company awarded the facility full accreditation after a rigorous screening and evaluation process and have confirmed that more investment will be made based on demand.
Yangon Chief Minister Phyo Min Thein announced at the launch that having more new, modern cars produced locally will reduce the number of imported used cars.
Since the factory needs to comply with Ford’s international standards, RMA have also invested in the training and ongoing upskilling of technicians. U Khin Tun, Chairman of Capital Automotive said, “We are proud of the number of opportunities the CML assembly plant has created in providing direct investment into the local economy and upgrading the skills of our employees to global best practice standards”.
Capital Motors, in partnership with RMA Thailand, has been the authorized Ford distributor and dealer in Myanmar since April 2013. CML is a subsidiary of Capital Diamond Star Group in Myanmar, one of the country’s most prominent and highly regarded conglomerates. The strength of the partnerships, together with an initial financial investment of US$10 million shows RMA’s terrific confidence in, and commitment to, Myanmar’s automotive industry.