MT News
The import of Vehicles with left-hand drive manufactured in 2022 for personal use will be allowed in 2023, the Ministry of Commerce released a statement dated 16 December.
“The vehicles produced in 2022-2023 are given the go-ahead for imports. This means new luxury cars will be allowed to be imported. Alternatively, electric vehicles (EVs) are also given green light,” U Min Nyunt, a car dealer, told the Global New Light of Myanmar (GNLM).
According to the 2023 auto import policy, the models for private vehicles are set to be 2022 and 2023, while commercial passenger buses and trucks manufactured in 2019-2023 are allowed to be imported.
The model year for fire engines, machinery and ambulances manufactured in 2014 or later are allowed for import.
Only vehicles with left-hand drive can be imported under the 2023 vehicle import policy.
Heavy equipment that cannot be driven on public roads such as excavators, bulldozers, wheel loaders and tower cranes are allowed to be brought into the country as long as they are 15 years old or less.
The Ministry of Commerce releases an auto import policy every year. What an unexpected event is model year is only one year apart and 2022 will be the oldest model to be issued an import permit for private cars for non-commercial purposes. So, the new models and EVs are allowed to flow into the domestic automobile market. That being so, the market is expected to be active. The prices of the old-model cars are likely to drop next year,” Ko Wai Tun, a car dealer, shared his opinion in an interview with the GNLM.
Some import policies for auto vehicles have remained unchanged. It is the yearly issued auto policy with regulations on model years, as per the statement signed by Union Minister U Aung Naing Oo of the Ministry of Commerce.
