The Government of Japan has announced a 20.47 billion JPY (nearly 220
million USD) aid grant to Myanmar in a bid to support the
development of the Southeast Asian country, according to news reaching
here on March 22.
The Japanese Ministry of Foreign
Affairs was quoted as saying that around 6.6 billion JPY will go towards
improving the country’s hydro-electric power plants to reduce power
outages.
The weather forecast system will also get
an injection of 3.8 billion JPY, helping limit the devastation caused by
natural disasters.
Another 5.4 billion JPY will be used to provide humanitarian assistance for ethnic groups.
Last month, the two Governments signed a Memorandum of Understanding
to support Myanmar ’s construction technology and road maintenance
through periodic seminars and engineer exchanges.-VNA