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07 Mar
09:01

Japanese traders join Myanmar fabrication plant

Japanese trader Okaya and Co. and fabricator Showa Sangyo have agreed to join with local Myanmar manufacturer and trader Bright Hands to set up a new rebar fabrication plant opening in April in Yangon. Imports from China account for almost one third of the domestic rebar market, Kallanish notes. Bright Hands will spin off its rebar fabrication arm into a new joint venture with the two Japanese firms which will be named        B…
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