yanmar has been billed as "Asia's final frontier," and its rich resources and cheap wage levels are increasingly catching the eye of Japanese companies and the government.
Economy, Trade and Industry Minister Yukio Edano on Friday met with President Thein Sein and other senior officials of Myanmar, and reached an agreement on Japan's cooperation in the Southeast Asian country's economic development.
Rivals from China and elsewhere in Asia have already made significant investments in Myanmar's infrastructure and the procurement of natural resources. Although Myanmar's development has lagged other Asian nations due to economic sanctions imposed by Western nations, some restrictions have been loosened in recent months as it has made steps toward democratization. (Yomiuri)
↧