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200 buses to be exported to Myanmar

According to Yonhap News,

(SEOUL=Yonhap News) Two hundred South Korean-made buses will be exported to Yangon, the former capital and the largest city of Myanmar, for use by schools, South Korea's trade promotion agency said Monday.

According to the Korea Trade-Investment Promotion Agency (KOTRA), the 29-seat New County buses, manufactured by South Korea's top automaker Hyundai Motor Co., will be shipped to the Southeast Asian country next month under a deal between the Yangon Region Government and KOTRA.

The deal marks South Korea's first government-to-government (G2G) contract with an Asian country, which also involves South Korean trading firm POSCO Daewoo International Co. and a local operator.

The school buses will be used to ferry students attending public schools, KOTRA said.

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Source: Yonhap News (May. 22, 2017)

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