Japan’s Mitshi acquires 44% in Myanmar Power

Japan’s Mitshi acquires 44% in Myanmar Power

Mitsui & Co has acquired 44 per cent equity interest in Myanmar Power, a subsidiary of Singapore-based MAXpower Asia Group Pte Ltd (MAGPL)  for around $17 million. This investment makes Mitsui, the first Japanese company to invest in the Hermit Kingdom’s power sector.

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