November 3, 2016
Japan will provide aid worth 800
billion yen or 7.73 billion US dollars to Myanmar over five years to support
its peace-building and development efforts, Prime Minister Shinzo Abe said on
Wednesday.
He made the announcement at a joint
news conference in Tokyo with State Counsellor Daw Aung San Suu Kyi.
About 40 billion yen of the aid
planned by the government and private sector will be directed towards
supporting ethnic minorities in the South East Asian nation.
The rest of the aid would be spent
on areas such as airports and electricity projects, Japanese officials said.
He said Japan would provide the aid
through the Japan-Myanmar cooperation program, including aid for regions with
minorities.
He also added that Japan would
accelerate the development of the Thilawa special economic zone, a Japanese-led
2,400-hectare industrial park on the outskirts of Yangon.
The 400-hectare first stage has
attracted 78 companies from 15 countries so far.
PRIME MINISTER, JAPAN, H.E. SHINZO
ABE: "We will provide in aid 800 billion yen to Myanmar through the
Japan-Myanmar cooperation program, including aid for regions with minorities.
This is to contribute to the
economic development of industrial and regional Myanmar."
The two sides also signed an
Exchange of Notes for the dispatch of volunteers to Myanmar under the Japan
Overseas Volunteers Programme between the two Governments.
STATE COUNSELLOR, REPUBLIC OF THE
UNION OF MYANMAR, H.E. AUNG SAN SUU KYI: "We have received a lot of aid
from Japan for our democratization and peace-making efforts. We strongly
support this."
The State Counsellor is on a 5-day
visit to Japan, and her visit hopes to bring investment and business
opportunities for the country.
Ref; mitv News
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