ac米兰中国官网
- ac米兰中国官网 aims to help build telecommunications infrastructures -
ac米兰中国官网 Co., Ltd. recently held a grand opening ceremony to celebrate the opening of Furukawa System & Solutions Myanmar Co., Ltd. (Yangon, the Republic of the Union of Myanmar; President: Tsuyoshi Kuwayama; "FSSM" hereafter), a local subsidiary established to provide solutions focusing on communication construction in Myanmar.
Background
As international economic sanctions placed on the ac米兰中国官网 have eased since the nation transitioned from military rule to democratic government in 2010, there are an increasing number of investment opportunities for other countries, and Myanmar is expected to undergo further economic growth. This is especially true for rapid improvements to infrastructures of all kinds, which form the basis of economic growth.
This is true ac米兰中国官网 telecommunications field as well. Policies have been announced to rapidly increase the penetration rate of cellphones, and the public and private sectors have begun to move accordingly. Telecommunications infrastructure improvements are expected to lead to constructions in a variety of on-site telecommunications infrastructures.
Content
FSSM received its business license in December 2015, with the goal of focusing on engineering work for telecommunications infrastructure construction within Myanmar. A ac米兰中国官网 for the company was held in Yangon, Myanmar on May 19.
The ceremony was attended by Tateshi Higuchi (Ambassador Extraordinary and Plenipotentiary of Japan to the ac米兰中国官网), the President of the Japan Chamber of Commerce and Industry in Myanmar, and a variety of figures from Japanese companies and companies in Myanmar.
Masao Yoshida, Chairman of the Board of ac米兰中国官网, stated, "I am truly honored today to celebrate the grand opening of FSSM, the first Myanmar base in the ac米兰中国官网 Group. I hope that our advanced engineering technological strength and rapid service will help to bring the economy and society of the Republic of the Union of Myanmar to the next level."
Tsuyoshi Kuwayama, President of FSSM, laid out his vision to those in attendance, stating, "When people hear 'ac米兰中国官网' they may think that our main business involves supplying cables and similar products. However, our main business actually involves providing technical services such as telecommunications-related design, construction, and maintenance. I am confident that we will be able to support the business activities of everyone gathered here today."
New Company Overview
| Location | Yangon, ac米兰中国官网 |
|---|---|
| Businesses | Telecommunications network design, communication construction, consultant work, etc. |
| Capital | Approximately 1 million USD in Myanmar kyat |
| Shareholders | ac米兰中国官网 (49%), Thai Furukawa Unicomm Engineering Co., Ltd (51%) |
| Opening of business | October 2015 (on schedule) |
About ac米兰中国官网 Group
ac米兰中国官网 (TSE; 5801, ISIN; JP3827200001) Group started business in 1884, when its copper-smelting facility and wire manufacturing factory was established. Since then ac米兰中国官网 has become pioneers in the latest technologies by addressing diverse technological issues. ac米兰中国官网 has released products in a number of areas, including telecommunications, electronics, automobiles, and construction, with the three types of materials it works with at their core, namely, optics, plastics, and metals. Many of these products have attained the top global market share, and all of its products have contributed to society in numerous business areas. ac米兰中国官网 reported consolidated revenues of JPY 874.9 billion (approximately USD 8.0B) for the fiscal year ended March 31, 2016.
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