Japan To Assist Myanmar Infrastructure Project

Japan plans to support an infrastructure construction project in Myamar's special economic zone as part of ensuring a foothold for Japanese companies in the resource-rich South Asian country where democratic reforms were initiated recently after decades of military rule.

Accompanied by a group of Japanese business executives, Prime Minister Shinzo Abe is visiting Myanmar on Friday for a meeting with President Thein Sein. The two leaders are expected to formally agree on an Official Development Assistance deal, Japanese media reported on Tuesday.

Under the agreement Japanese aid would be used to build infrastructure in the Thilawa special economic zone, located near Myanmar's largest city Yangon. Infrastructure development is essential for Japanese companies to do business in Myanmar.

Government officials hope that Abe's visit will underscore Japan's commitment to support Myanmar and open up avenues for Japanese business in the fast-growing country.

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