abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb

The content is also available in the following languages: 日本語

Article

1 Jun 2021

Author:
Tokyo Tatemono

Japan: Participating firm to Myanmar project suspends its operation

"Statement regarding the business in Yangon, Myanmar" 31 May 2021

After the establishment of a democratic government in Myanmar in 2016, we engaged in a large-scale commercial complex development project in the center of Yangon (the “Project”) as the first investment project authorized by the Myanmar Investment Law. By utilizing technologies and know-how cultivated through participation in urban development projects in Japan, our Japanese consortium supports the Project through a local company. We are participating in this Project as a member of Japanese consortium.

[...]

Ensuring the safety of the people of Myanmar and those involved in this Project is our top priority, therefore, we have suspended the operation of the Project entirely since February 1st 2021.

We long to contribute to the democratic development of Myanmar through the Project, and continue to engage in dialogues with relevant stakeholders based on our human rights policy, as well as continue to examine the circumstances through further consideration in order to harmonize this Project with the will and interests of the people of Myanmar.

Timeline

Privacy information

This site uses cookies and other web storage technologies. You can set your privacy choices below. Changes will take effect immediately.

For more information on our use of web storage, please refer to our Data Usage and Cookies Policy

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Analytics cookie

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

Your privacy choices for this site

This site uses cookies and other web storage technologies to enhance your experience beyond necessary core functionality.