Japan’s IIDA to make electronics in Myanmar

IIDA Electronics Ltd. from Japan has been granted permission from the Myanmar Investment Commission (MIC) on February 13 to manufacture and sell electronic equipment in Myanmar.

The company will set up a factory in Mingaladon Industrial Zone, in Yangon. IIDA was established in 1965 and has an initial investment of more than Yen 300 million. The company is headquartered in Tokyo, Japan.

Japan is currently standing at 10th place in the list of top foreign investors to Myanmar and has invested more than US$ 320 million in the country. China is currently top of the list, with Thailand second in total investment.

According to statics from Directorate of Investment and Companies Administration, foreign investment in Myanmar has reached more than US$ 45 billion at the end of January this year.

Source: ELEVEN Myanmar

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here