"Japanese companies are becoming interested in the local industry which will manufacture products in Myanmar and export them to India, China and Thailand, said Japanese Ambassador to Myanmar Mr. Ichiro Maruyama, at Japan-Myanmar Resource, Trade and Investment Expo 2019 at Inya Lake Hotel in Yangon on October 19. “There are many Japanese companies which are very interested in the local market as Myanmar has many populations. Myanmar borders Thailand, India and China. That’s why, many Japanese companies are interested in exporting Myanmar-made products to neighbouring countries,” Mr. Ichiro Maruyama said. “Japanese companies are also interested to import raw materials from neighbouring countries and produce the products using these raw materials. Then, they want to sell these products in the local market,” he added. From 1988-89 FY till September 30, 2019, Japan’s total investments in 117 businesses exceeded 1.2 billion US dollars, according to the figures from the Directorate of Investment and Company Administration (DICA)..."