Commerce Ministry issues 2024 vehicle import policy, oldest model set to be 2023

Regarding the 2024 vehicle import, 2023 will be the oldest model to be issued an import per­mit for non-commercial vehicles under Section 13 (B) of the Ex­port and Import Law, according to Notification No 80/2023 of the Commerce Ministry.

 

For non-commercial vehi­cles, the model year must be 2023 or later. Public service vehicles such as mini-buses, city buses, express buses, and commercial trucks manufactured in 2020 and later can be imported. Moreo­ver, fire engines and ambulances manufactured in 2014 or later are allowed for import. The oldest model of machinery is set for 2014.

 

Except for machinery, all im­port vehicles must be left-hand drive under the 2024 vehicle im­port policy.

 

Heavy equipment that can­not be driven on public roads such as excavators, bulldozers, wheel loaders, vibratory rollers, clamp loaders, motor graders, road roller compactors, bridge cranes, gantry cranes, tower cranes, pilling machines, crawler drill/cranes, overhead travelling cranes, mobile cranes, rough-ter­rain cranes, forklifts, boom lifts, and asphalt finishers are allowed to be brought into the country as long as they are 15 years old or less.

The ministry issues the specified model year for vehicle importation. The existing auto­mobile import policies are not modified, the notification stated.

 

The Agribusiness and Trade Division under the Ministry of Agriculture, Livestock and Ir­rigation stated that Myanmar brought in more than 6,400 vehi­cles including 1,400 non-commer­cial vehicles over the past seven months in the current financial year 2023-2024 beginning 1 April.

 

The ministry’s report showed that 1,418 non-commer­cial passenger vehicles worth US$31.14 million, 54 buses worth $1.04 million, 855 trucks worth $13.07 million, and 4,095 heavy machinery worth $132.38 million between 1 April and 3 November this FY.

 

Moreover, the import value of auto parts was estimated at $35.12 million then. Therefore, vehicle and automobile imports swelled to $215.75 million over the past seven months. — NN/ EM