BUSINESS— Japanese industrial firm moves into Burma

The Burmese government has approved a large-scale investment project put forward by Japanese multinational corporation Komatsu Ltd. The firm, involved in mining as well as industrial and military manufacturing, intends to construct a power plant and an assembling factory in Pyigyitagon Township, Mandalay. The plan was put forward to the Myanmar Investment Commission, who also approved the company to distribute heavy machinery for industrial use. Komatsu equipment, previously imported from abroad, has been widely used in Burma’s mining sector in the past.