KUBOTA Opens New Doors in Myanmar
- Introduction
-
Asia's last frontier – since the 2011 installation of a civil government, Myanmar is often referred to as such among foreign investors.
The country captured the international spotlight when its bid for the position of ASEAN chair was approved in 2014, a year that coincidentally marked the 60th anniversary of diplomatic relations between Japan and Myanmar.
In fact, the two countries have long enjoyed friendly relations, in which KUBOTA has played no small role.
As the country opens up its doors wide to high economic growth,
the “second chapter” of KUBOTA's commitment to betterment of everyday life in Myanmar has begun.
Data
Republic of the Union of Myanmar
| Capital | Naypyidaw |
|---|---|
| Area | Approx. 680,000 km2 (approx. 1.8 times larger than Japan) |
| Population | Approx. 51.41 million (September 2014, Ministry of Immigration and Population of Myanmar) |
| Official language | Burmese |
| Religions | Buddhism (90%), Christianity, Islam, others |
| Major industry | Agriculture |
| Nominal GDP | Approx. US$55.3 billion (FY2012/13, IMF) |
| Per capita GDP | US$868 (FY2012/13, IMF) |
| Economic growth | 6.4% (FY2012/13, IMF) |
| Major export partners | Thailand, China, India, Japan, Singapore, and South Korea (FY2012/13, Central Statistical Organization of Myanmar) |
| Major export items | Natural gas, beans, gems (jade), teaks/wood |
| Major import partners | China, Singapore, Japan, Thailand, Malaysia, and South Korea (FY2012/13, Central Statistical Organization of Myanmar) |
| Major import items | Petroleum, machine parts, palm oil, textiles, metal/industrial products |
| Japan's economic cooperation (FY2012) |
(Ministry of Foreign Affairs of Japan)
|
