September 20, 2017

Myanmar, Japan sign agreements for ODA loans

Deputy Minister for Finance Dr Lin Aung shakes hands with Japanese Ambassador Mr Tateshi Higuchi after exchanging notes.
Deputy Minister for Finance Dr Lin Aung shakes hands with Japanese Ambassador Mr Tateshi Higuchi after exchanging notes.

A ceremony to sign exchange notes and loan agreements for Yen 25.888 billion of official development assistance loan of Japan was held at the Ministry of Finance, here, on Tuesday.
The loans will be spent on Yangon electrification project phase-1, infrastructure development project phase 1 (part-II) in Thilawa Special Economic Zone and small- and medium-scale enterprise development project.
Deputy Minister for Finance Dr Lin Aung, Japanese Ambassador Mr Tateshi Higuchi, JICA Myanmar Chief Mr Keiichiro Nakazawa and Director-General of Treasury Department of the Ministry of Finance U Maung Maung Win signed the agreements.

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