Yangon, Myanmar, Sept 3, 2013 - (JCN Newswire) - Fuji Electric Co., Ltd. announced today that it has established a branch office in the city of Yangon, Republic of the Union of Myanmar.
1. Objective
Myanmar is presently in the process of developing large-scale special economic zones, and the construction of public infrastructure along with capital investment by foreign corporations, including Japanese companies, is expected to pick up in the future. Fuji Electric has been supplying various products including Electric Substation Equipment to Myanmar since the 1980s. As recently announced in its Medium-Term Management Plan, Fuji Electric intends to boost sales by capitalizing on demand for social and industrial infrastructure in Asia, which it has positioned as a key market. By establishing this branch office in Myanmar, Fuji Electric is aiming to expand its business while contributing to the country's economic development going forward.
2. Main Business Activities
- Collect and distribute information on market trends, infrastructure investment plans, and other matters
- Build relationships with Japanese companies such as trading companies and manufacturers in Myanmar, as well as subcontractors, construction companies, and local customers
- Provide local support for sales promotion for Fuji Electric
3. Overview of the Branch Office
Office Name : Fuji Electric Co., Ltd. (Myanmar Branch Office)
Address : Room 403, Yuzana Hotel, 130 Shwe Gon Taing Road, Bahan
Township, Yangon, Myanmar
Representative : Kenichi Okubo
Establishment : July 26, 2013 (date of registration completed)
Start of Operations : September 1, 2013
About Fuji Electric Holdings
The Fuji Electric Group (TSE:6504) delivers maximum customer satisfaction as everything it stands for. It constantly strives to create innovative technologies that truly energize our customers' businesses. This approach is ingrained in the corporate DNA, which has been passed down unbroken as the driving force for more than 80 years. Driven by this powerful DNA, the Group's 25,000 personnel are motivated to deliver the products, services and solutions that win the support of customers wherever it operates. For more information, please visit www.fujielectric.com.
Source: Fuji Electric Holdings
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