Japanese businessmen look for opportunity in Myanmar

By IVCPOST Staff Reporter

Aug 03, 2013 11:55 AM EDT

Representatives from over 20 Japanese companies planned on visiting Myanmar to look for possible business ventures and investment opportunities, according the Union of Myanmar Federation of Chambers of Commerce and Industry or UMFCCI.

The representatives included executives from varying industrial sectors. Companies from the machinery, electricity and power, construction, garment, and other sectors will participate in the meet. The talks will be headed by the Japan External Trade Organisation (JETRO).

The meetings will be held during August 5 to 7. Japanese businessmen who will attend the meeting will acquire new opportunities for partnerships since the representatives from both countries will be discussing investment concerns directly.

Last July 30, more than ten Japanese firms in the agriculture sector led by JETRO visited the country and deliberated possible trade options regarding Myanmar's rice and other produce.

Other sectors represented by the Japanese businessmen included real estate, food production, IT, fuels, and consumer products.

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