PETALING JAYA: Tan Chong Motor Holdings Bhd
(TCM) is going to invest US$50mil in Myanmar to set up an assembly plant and showroom for Nissan cars, confirming earlier reports.
The company said the Myanmar Investment Commission (MIC) had approved an investment proposal by ETCM (MM) Ltd, a unit of TCM, for the manufacturing and marketing of motor vehicles in the industrial area of Bago region in Myanmar.
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