Avis Myanmar plans to invest around USD 4 million fro their new fleets expansion and new rental outlets during the pandemic

Avis has marked its first-year journey in Myanmar with the plan to continue its footprint and investment in the country amid the global pandemic COVID-19.

The company has been providing the global standardization for short and long-term vehicle rental services with a fresh new fleet for the individual as well as corporate customers from local to multinational organizations. Photo Source https://www.avis.com

The pandemic Covid-19 profoundly changed the global political and economic arena. With the rising number of total COVID-19 confirmed cases in Myanmar, the economy and businesses especially in the tourism industry have been severely affected.

However, Avis Myanmar believes in the prospect of the country after this challenging period with the plan to continue the investment by tripling the size of Avis Fleet in 2021 with estimated investment values around USD 4 million.

Prasoporn Tansupasiri, General Manager of Avis Myanmar remarks, “We are confident in Myanmar long-term economic prospects although the pandemic triggered some business disruptions that many industries are facing. We strongly believe that Myanmar will pass this difficult time and the country will regain economic growth that stimulates the investments that will give us the opportunity to deliver our products and services to the end-users”

The outbreak poses a huge impact on the vehicle rental business due to the restrictions, the absence of tourists, and international businesses.

Prasoporn Tansupasiri, General Manager of Avis Myanmar, commented “I am afraid that there is no exception to car rental business when it comes to Covid-19 pandemic impact. As the pandemic posed a great challenge to global mobility, Avis short-term car rental volume especially hotel limousine dropped significantly, starting from late Q1 and continued till present because of stricter travel restrictions.”

Avis Myanmar has continued the business operation in accordance with the guidelines by the Ministry of Health and Sports of Myanmar as well as the Avis Global Operational Readiness Health and Safety Standards. To combat the effect from Covid-19, Avis Myanmar has introduced new values add services to meet customers’ needs. Photo Source https://www.avis.com

On top of that, Avis plans to open two new outlets in business cities such as Nay Pyi Taw and Mandalay. Around 50 new job opportunities will be created for local people and will provide set of training to enhance staff capacity.

Avis operates one of the world’s best-known car rental brands with approximately 5,500 locations in nearly 180 countries. Avis has a long history of innovation in the car rental industry and is one of the world’s top brands for customer loyalty. Avis is owned by Avis Budget Group, Inc. (NASDAQ:CAR), which is the parent company of Avis, Budget, Zipcar, Payless, Apex Car Rentals, France Cars and Maggiore. Through these leading mobility brands, customers can get just about any type of vehicle (car, truck, van), for any length of time (minute, hour, day, month), for any purpose (business, leisure), across more than 11,000 locations in approximately 180 countries.

For more information, visit www.avis.com