Foreign boost for Myanmar's youth
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Myanmar is open for business, but it needs local and international help to train and educate its people, a panel told participants at the World Economic Forum on East Asia in Myanmar last week.
“We are ready to help,” said Hiroto Arakawa, vice-president of the Japan International Cooperation Agency (JICA).
Japan and India are among countries at the forefront of this, with the JICA signing a US$500 million grant.
The grant will be for “quick-fix type power projects" in the Yangon area and education and other development programmes among the country’s ethnic groups.
Japan will also provide loans to build infrastructure in a new special economic zone in Myanmar and open a vocational training centre in August.
Myanmar’s opposition leader Aung San Suu Kyi has calls for quick wins in vocational training.
For a full release and supporting information, visit: http://www.weforum.org/nr_ea13_12
