Tuesday, January 29, 2013

Burmese govt to sell cars to taxi drivers

Tuesday, 29 January 2013 11:25 Khin Myo Thwe

The Ministry of Commerce has announced that it will launch a scheme to assist taxi drivers buying their own cars

The Burmese government plans to sell taxi drivers their own cars at cheaper rates. (PHOTO: Hein Htet / Mizzima)

“Taxis owned by the Ministry of Commerce will be sold at 60 percent of the market price through a hire-purchase system,” said a ministry official. He said that the aim is to allow drivers to eventually own their own vehicles.

Previously, the ministry and buyer representatives had negotiated to settle 60 percent of the total price.

The official said, “Now, they have devised a more convenient payment system for the drivers.”
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