Hitachi forms joint venture to make and export transformers

Japanese company Hitachi Industrial Equipment Systems (HIES) will invest US$45 million to build a transformer factory, through a partnership with local company Soe Electric and Machinery (SEM), said the president of Hitachi, Masakazu Aoki. He made the announcement at a press conference in Yangon on July 7, where a joint venture between the two companies […]