Japan’s first joint venture in Myanmar, inaugurates heavy concrete factory
Source :News Bharati English   Date :01-May-2017

Tokyo, May 1: The first Japanese plant producing pre-stressed concrete products, IHI Corporation held an opening ceremony on Sunday in Myanmar.  This is Japan’s first heavy concrete factory in Myanmar.

The location of this Tokyo-based plant is about 50 km northwest of the country’s commercial capital, Yangon.  In a partnership with Myanmar’s Construction Ministry, opened the $12.2 million facilities in the Myaungdagar Steel Industrial Zone.

Myanmar has recovered from after decades of military rule and now enjoying new democracy rule.  Hence they lack proper infrastructure and needs a steady supply of concrete. A steady supply will boost the new infrastructure projects such as roads, bridges, and buildings.

Construction Minister Win Khaing is happy with the Japanese Factory as it will help the domestic construction industry. “Japan is one of the most supportive and friendly countries to Myanmar for our private and public sectors,” he said.

This factory is a joint venture between the ministry’s Highways Department and IHI Asia-Pacific Pte. Ltd. and the Japanese company’s Singapore subsidiary. I&H Engineering Co is head of the operation. The factory has the potential to produce 50,000 to 70,000 tons of pre-stressed concrete products such as bridge girders and spun pile, according to the company.