Japan launches an investment offensive against Myanmar and launches a large-s...

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Japan launches an investment offensive against Myanmar and launches a large-scale image project
- {- i$ N( q# S' c8 B7 |In order to balance China's influence in Southeast Asia and win more markets, Japan launched an investment offensive in Myanmar while also carrying out image projects. As of the five years since the establishment of the new government in Myanmar this year, Tokyo has invested a large amount of funds in local industries and social projects, and the number of Japanese companies in Myanmar has increased sixfold. Myanmar has even experienced a Japanese language craze. The Financial Times reported that in other emerging markets in Southeast Asia, such as Vietnam, Japan's competition is very difficult. However, in Myanmar, the chemical effect of political transition gives Japan a special competitive advantage. Japan seems to have a favorable time and location in Myanmar, with continuous commercial and cultural exchanges. Now, Japanese governments and corporate capital such as Mitsubishi, Marubeni Corporation, and Sumitomo Corporation have provided development funds for the industrial zone in the southeast of Yangon, the largest city in Myanmar, where dozens of factories have been completed. In addition, Japan plans to provide financial assistance for the upgrading of drinking water and sewage treatment systems in Yangon Province. Japan continues to promote image engineering in Myanmar and infiltrates culture through various means such as holding anime exhibitions. More and more young people in Myanmar hope to work in Japanese companies, and Japanese language courses are also becoming popular in Myanmar. According to official estimates from Japan, the number of Japanese language education institutions in Myanmar has increased from 44 to around 200 since 5 years ago.