Myanmar: Nod for Taiyo Nippon Sanso, Buhler investment plans

Photo: Taiyo Nippon Sanso.

In a couple of overseas investment proposals, Japan’s Taiyo Nippon Sanso has been approved by the government to invest $11.29 million to produce industrial gases in Myanmar while Buhler will be investing $5.2 million to import and assemble machines.

Japan’s Taiyo Nippon Sanso to invest $11.29m on gas production

Taiyo Nippon Sanso, that produces industrial gases, has secured the state approval to invest $11.29 million in Myanmar for the manufacturing and wholesale supply of gases.

Manufacturing of oxygen, nitrogen and argon will start in January 2018 under Taiyo Nippon Sanso Myanmar Co Ltd that will be done through Taiyo Nippon Sanso Holdings Singapore Pte Ltd, according to a company statement.

The facility will be located in Thilawa Special Economic Zone. Apart from the manufacturing, the company will handle the import processing and wholesale of products like liquid oxygen, liquid nitrogen, argon and carbon dioxide.

Buhler Myanmar to invest $5.2 m for service, trading of agri machinery

Buhler, that provides industry solutions and technology for commodity food, feed and renewable energy sectors, has got the permission to invest $5.2 million in Myanmar.

Approved in October, Buhler machinery will be imported, assembled and configured in Myanmar at the Thilawa Special Economic Zone which is where services like quality control, and wholesale of the machines will be done. Machinery used in milling plants for flour, rice, beans & pulses and feed industry will also be sold.

Also Read: Thailand fertiliser firms TCCC and CPP to invest in Myanmar

Myanmar Dealbook: Bluescope Lysaght to invest $6.4m; Hilton lines up projects

Myanmar Dealbook: India to set up Sittwe SEZ; Industrial Zones to be upgraded

 

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Following vacancies can be applied for (only in Singapore).   

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.