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Car showrooms boom and new Cars flood the streets of Rangoon

New import laws in Myanmar have led to a drop in car prices that has at last made cars affordable for ordinary people. But it is also putting former car dealers out of business.

INDONESIA

Senin, 28 Okt 2013 16:26 WIB

Author

Ali Fowle

Car showrooms boom and new Cars flood the streets of Rangoon

Car, Rangoon, Burma, Ali Fowle

New import laws in Myanmar have led to a drop in car prices that has at last made cars affordable for ordinary people. But it is also putting former car dealers out of business.

One of the most noticeable changes in Myanmar over the past 2 years is the staggering number of new cars to hit the streets as the country undergoes political and economic reforms.

More than 150,000 vehicles have been imported since the government launched a car exchange scheme allowing people to trade in old cars, but car salesmen who invested in vehicles before prices dropped have lost thousands of dollars.

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