JICA continues to support Myanmar: new chief
Source: The Myanmar Times Time:2020-03-25 15:57:28
The Japanese development agency will continue to support Myanmar’s infrastructure and economic development, its new chief said.
The Japan International Cooperation Agency (JICA) will continue to promote private investment, infrastructure development, education and human resource development in Myanmar, said Sakakura Noriji, the new Chief Representative at JICA Myanmar.
The agency signed loan agreements totalling 120.9 billion yen (US$110 million) with Myanmar in January for four projects.
“These four projects will improve and maintain the system and facilities for electricity, water and other urban environments in Yangon, and develop basic infrastructure to support economic activities such as electricity, roads, and water supply in rural areas as well,” Mr Noriji said.
They intend to improve the quality of life of the people of Myanmar, he added.
The loan agreements signed include the Yangon Sewerage System Development Project (45.9 billion yen), Yangon Urban Development Project (24.085 billion yen), Urban Area Power Distribution Improvement Project (12.288 billion yen) and Regional Infrastructure Improvement Project (38.642 billion yen).
For the Regional Infrastructure Improvement Project, Mr Noriji said JICA had selected five areas - Rakhine State, Chin State, Kayin State, Mon State and Tanintharyi Region. The project will develop the rural infrastructures in these five states and regions, covering roads, bridges, water supply, agriculture and irrigation.
In addition, the agency also inked an agreement with the Ministry of Agriculture, Livestock and Irrigation to work together on an agricultural crop value chain project, covering crops such as spinach, pumpkins, tomatoes, carrots and broccoli. The project aims to increase the income of farmers and targets Hmawbi township, Yangon Region and Kalaw township, Shan State.
It will be launched in July this year and will last until 2024.