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Article

12 Oct 2022

Author:
Reuters

Myanmar: Japanese company Toyota resumes production in Myanmar put on hold after military coup, incl. co. comment

"Toyota opens new Myanmar plant put on hold following coup", 12 October 2022

Toyota Motor Corp said...it had begun assembling cars at a new plant in Myanmar that was put on hold for more than 19 months after a military coup and during the coronavirus pandemic.

[...]

Japanese companies and other multinationals have faced pressure to pull out of investments in Myanmar that are perceived to benefit the military.

"We believe this meets our initial intention to contribute to the industrial development of Myanmar...and to support our employees and their families' lives," Toyota said in a statement. "Under these circumstances, we are continuously making every effort to comply with all relevant laws and regulations."

[...]

Human Rights Watch, a leading advocacy group, called for Toyota and any other companies seeking to invest or resume operation in Myanmar to conduct human rights due diligence.

[...]

Toyota said in a separate statement that, according to internal research, its business in Myanmar was not directly related to state-owned and military-affiliated companies "in all processes of the car life cycle."