Myanmar known as The Golden Land with Land areas 652.290 square km .Located in Southeast Asia and bordered by Bangladesh . India . China . Loas and Thailand .Myanmar is the Agriculture country which covers about 60% of the country’s total cultivated land areas . Myanmar also is a country rich in jades and gems , rubies ,sapphires ,pearls ,oil ,natural gas and other mineral resources . 90 % of the world’s rubies and jade are come from the country .
Myanmar’s reintegration to the global economy has opened up business opportunities in almost every sector. Among the sector that offer good potential are Automotive and parts / components and accessories . The automotive industry has seen changes in the recent years and with the increasing interests from the general public and higher purchasing power.
According to Myanmar’s Road Transport Administration Department the total number of registered vehicles has increased by more than 220 percent to 1.02 million ( passenger and private vehicles ) in 2016 from 460,000 in 2012 .At the same time, the number of Motorcycles increased 163 percent to 5.12 million Motorcycles in 2016 from 3.15 million in 2012.