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YKK of Japan to build 33 million U. (r)
- Subject: YKK of Japan to build 33 million U. (r)
- From: ktint@xxxxxxxxxxxxx
- Date: Tue, 14 Oct 1997 20:27:00
WE WILL NEED TO BOYCOTT YKK ZIPS.
This Japanese Company must learn something.
>YANGON, Oct. 14 (Kyodo) - The foundation-laying ceremony of a 20-story
>service tower, to be built by YKK Corp. of Japan, was held Tuesday on
>Kaba-Aye Pagoda Road, three kilometers north of downtown Yangon.
>Lt. Gen. Khin Nyunt, secretary of the ruling State Law and Order Restoration
>Council (SLORC), Myanmar ministers, Japanese Ambassador Yoichi Yamaguchi and
>YKK Director Yoshiki Takeda took part in the bricklaying for the foundation.
>YKK will invest 33 million U.S. dollars to build the 20-story building, to be
>known as the Golden Hill Tower, which will have offices and residential
>Mitsui Construction Co. will build the tower for YKK, a leading zipper maker.
>Construction is expected to be finished within three years.
>YKK will operate the building for 30 years, and hand over the establishment
>after that period to the Myanmar government under the
>build-operate-and-transfer (BOT) agreement.
>This is the first investment in Myanmar by YKK, company officials said.