Toyota Motor has decided to postpone the opening of its new plant in Myanmar amid heightened political uncertainty following the 1 February coup, Nikkei Asia reported on Thursday (25 February).
The plant was scheduled to open this month, the report added.
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Suzuki Motor suspended operations at its two vehicle assembly plants in Myanmar on 2 February due to safety concerns following the military coup that took place over the weekend.
Reports emerged from the country that Monday morning saying the military had seized power from the democratically elected government led by the hugely popular Aung San Suu Kyi, who has been arrested along with other leaders of the governing National League for Democracy (NLD) party.
The automaker said it had halted production at its facilities in the country to ensure the safety of its employees.
Other Japanese automotive companies including components maker Denso were said to be reviewing the situation.
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By GlobalDataToyota Motor, which was scheduled to begin operations later this month at a newly built plant in the country, said at the time it was currently "assessing" the situation.
Myanmar economic outlook dampened by military coup
