Hitachi Hitches with Local Business to Stabilise Myanmar’s Electricity

Hitachi Industrial Equipment Systems Co Ltd (HIES), a subsidiary of Japanese conglomerate Hitachi, will partner with Soe Electric and Machinery Co Ltd (SEM) to produce electrical transformers in Myanmar for distribution in the local and regional markets. The two entities signed an agreement to go into a joint venture by the name of Hitachi Soe […]

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 […]