The number of Japanese companies expanding overseas into Myanmar increased rapidly.
~Companies from 17 out of 47 Japanese prefectures have already expanded into Myanmar~
Myanmar is starting to garner attention as a strategic post as part of the “China-plus-one” strategy. With a population of approximately 62 million, it is not only appealing as a production base but also as a new strategic market. With the economic sanctions by the U.S. and Europe that have lasted for many years being relaxed, an environment for investment is starting to be set in place, promising a rapid growth in the future.
Read more: Press Release Nov. 26