OREANDA-NEWS. Mitsubishi Motors Corporation(MMC), Mitsubishi Corporation(MC), Yoma Strategic Holdings Ltd.(YSH) and First Myanmar Investment Company Ltd(FMI) wish to jointly announce that they have signed a Memorandum of Understanding (MOU) concerning the after-sales service business for Mitsubishi Motors in the Republic of the Union of Myanmar (Myanmar).

Since the recent deregulation of automobile importation in Myanmar, a number of Mitsubishi Motors vehicles have been distributed through the used car market. As MMC currently does not have any official after sales service network in Myanmar, it has been a priority to establish this as soon as possible.

Under this MOU, MMC, MC, YSH and FMI are now planning to establish an official service center firstly in Yangon, followed by Mandalay and Nay Pyi Taw. Each official service center will provide well-trained and highly qualified service technicians with genuine parts to existing Mitsubishi Motors vehicle owners.

Myanmar has economic potential to become one of the largest and most important markets in Asia and the ASEAN region. MMC would like to build and strengthen its trustworthy brand image by establishing the after sales service network.