Marubeni Corporation, one of the largest general trading company from Japan, is eying to make investment in generating electricity, upgrading railroad tracks, selling machinery and investing in Thilawa Special Economic Zone, according to the announcement of the corporation.
Mr. Akihito Asayama, General Manager of
the corporation, had a discussion about the investment with officials
from Directorate of Investment and Companies Administration in Nay Pyi
Taw on July 23.
The corporation stated Myanmar is
located next to India, South East Asia, China and India Ocean and the
country is one of the most talked about among international community in
terms of investment potentials.
The corporation first entered Myanmar since 1942 and made investment in basic infrastructure and business development.
First project in Myanmar for the
corporation was Belu Creek No.2 Hydropower Project and finished
construction in 1960. The corporation continues to make investment in
basic infrastructures, electricity and industrialised sector such as
Takayta natural gas turbine and Moneywar copper refinery plant with loan
and aid from Japanese government.
At present, the banks based in Japan and other corporations will implement the projects with aids from the Japanese government.
source: Eleven Myanmar
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