Hoping to contribute to Myanmar's development across “our product lines, from infrastructure solutions to home electronics,” Hidejiro Shimomitsu, corporate senior executive vice president of Toshiba Corp. (IW 1000/38), celebrated the opening of an office Yangon in the Republic of the Union of Myanmar.
The branch office, which opened on Tuesday, can provide assistance in the social infrastructure area as well as consumer products. The Myanmar economy is expected to grow as the government promotes economic deregulation and attracts inward direct investment, investments in social infrastructure, including power generation and distribution will be necessary.
"Toshiba can support providing stable power generation and transmission solutions that provide the backbone for economic growth for Myanmar" said Tetsuya Yoneda, the chief representative of the Yangon Branch Office. "Currently, in Myanmar, the power distribution per population is still limited to 25%, and this is planned to be expanded in the coming years. Toshiba has supplied equipment for Sedawgyi hydropower plant in 1985, and we aim to contribute more to the country infrastructure."
Shimomitsu also points out that the company’s home appliance business, which started in 1980, are currently the most popular brand in the country.
