Japan’s largest business lobby
group, Keidanren, on Tuesday told President Thein Sein that it will
provide money and expertise for Myanmar’s development, on the second day
of a trip that is bringing about 100 executives to Myanmar and Cambodia
this week.
The delegates, including the business
federation’s chairman, Hiromasa Yonekura, began their visit on Monday by
meeting with government officials and executives of domestic firms.
They will also visit Thilawa Special Economic Zone, which is being built with Japanese investment.
According to The Japan Times, Keidanren
hopes to address problems blocking Japanese companies from doing
business in Myanmar, including flaws in the legal system, at a time when
business opportunities are growing.
The Japanese government has waived billions of dollars in Myanmar debt and will begin lending again by the end of this March.
The delegates are also expected to
discuss human resources development, including creating scholarship
systems and providing job-training opportunities in Japan.
The delegation includes the group’s vice
chairmen and presidents from Japanese companies in industries ranging
from railways to insurance.
source: Eleven Myanmar
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