AUTO SERVICES
►
SMI Auto Services Pte. Ltd. has entered into a master franchise agreement with Europcar, a
leading European car rental company, to provide car rental and limousine services
►
Europcar is the only international car rental brand operating in Myanmar
►
Following the liberalization of Myanmar’s economy, there has been strong growth in the economy
and a significant rise in tourism flows and FDI, resulting in strong demand for car rental services
►
The business model will continue to evolve; at the moment it is lease to lease from official
importers for three kinds of contract: long term leases, short term leases and daily rentals
►
Self drive will become part of the market within 2-3 years, as it has done everywhere else in the
world
Catering to strong demand for car rental services in Myanmar
singapore MYANMAR INVESTCO limited | Annual Report 2016
03
