Malaysian parts maker APM Automotive Holdings plans to build a parts plant in Myanmar to meet the demands of an auto industry that is rapidly expanding after the end of years of sanctions. In a filing with the Malaysia Stock Exchange, APM says it has set up a subsidiary, APM Auto Components Myanmar, to manufacture parts and modules at a plant in a 30-acre (12-ha) industrial area of Bago region in the south-central area of the country. Analysts say the country now is heavily reliant on ...

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