For decades, Japan poured development aid into its own backyard of South-east Asian nations, and reaped the dividends of peace, stability and prosperity in Asia. But some say the Japanese policy of building infrastructure to smoothen regional trade may come into conflict with China’s Belt and Road Initiative (BRI) that aims to develop trade routes […]
Sumitomo wins order for thermal power generation facilities in Myanmar
March 16, 2015 by
Sumitomo Corp. has won a 5 billion yen (about $41.4 million) contract to construct two thermal power generation facilities in Myanmar with a combined output of 50 megawatts (25 megawatts each). The contract was awarded by the Myanmar Electric Power Enterprise, a state-owned power provider under the supervision of the Ministry of Electric Power, the […]