Japan Pledges $824m Loan For Five Infrastructure Projects

​​ Myanmar will re­ceive an $824 million soft loan from Japan for five infra­structure development projects, including the upgrade of the Yangon- Mandalay railway and the Yangon Regional Water Supply Project. Deputy Minister for Planning and Finance U Maung Maung Win signed the MoU with the Japanese ambassador to Myanmar, Tateshi Higuchi. The loan will […]

Myanmar to draft two new investment laws

Japan remains committed to Myanmar Japanese companies invested US$22.8 billion in Singapore, Thailand, Indonesia, Malaysia, the Philippines and Vietnam in 2013, according to the Japan External Trade Organisation (JETRO). The trend is strong, following the first wave of Japanese investment in the 1980s and 1990s, which helped build up automotive and electronics sectors in Thailand, […]

Toyo radiator plant to locate in Thilawa SEZ

Toyo, a business conglomerate from Japan, will invest and construct its plant for car radiators in Thilawa special economic zone, said Ichiro Maruyama, minister-counsellor at Japanese embassy. “Japan’s leading manufacturer for motor parts is preparing to build its plant in Thilawa SEZ. Myanmar Japan Thilawa Development is in talks with the company. The plant would […]