Monday 2 September 2013

Fuji Electric Establishes Myanmar Branch Office


    TOKYO--(BUSINESS WIRE)--September 02, 2013--


    Fuji Electric Co., Ltd. (TOKYO: 6504) 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 and its Asian
    subsidiaries


    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
    Date of establishment: July 26, 2013 (date of registration completed)
    Commencement of operations: September 1, 2013


    CONTACT: Inquiries in English


    Fuji Electric Co., Ltd.



    Ayaka Mouri, +81-3-5435-7206



    Public Relations



    mouri-ayaka@fujielectric.co.jp




    SOURCE: Fuji Electric Co., Ltd.
    Copyright Business Wire 2013


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    http://www.information.myanmaronlinecentre.com/fuji-electric-establishes-myanmar-branch-office-2/

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