|By Business Wire||
|February 5, 2014 11:00 PM EST||
Toshiba Asia Pacific Pte., Ltd., a subsidiary of Tokyo-based Toshiba Corporation, today announced that its branch office in Yangon will be participating at Japan Festival 2014, which is held from February 7th to 10th at Tatmadaw Hall in Yangon. The Japan Festival is organised by the Japan External Trade Organization (JETRO-Yangon), and this year will be the third year that Toshiba will participate.
Operating since May 2013, Toshiba Asia Pacific’s branch office in Yangon was established to further enhance contribution in Myanmar, by exploring business opportunities and promote in areas including social infrastructure such as power generation and distribution, healthcare systems and consumer products. Toshiba has sold its home appliances in Myanmar from its base in Singapore since the 1980s, and supplied hydroelectric equipment for the Sedawgyi hydroelectric power plant in 1985.
In addition, Toshiba Corporation was awarded on September 2013 to supply air navigation systems to three major airports; Nyaung U, Heho, and Thandwe after concluding an agreement with the Department of Civil Aviation, Ministry of Transport, Republic of the Union of Myanmar on the "Project for Improvement of Nationwide Airport Safety and Security” together with Sumitomo Corporation, NEC Group, Toshiba, and Morita.
Apart from featuring Toshiba’s progress in Myanmar, Toshiba’s home appliances and laptops will also be displayed and sold at a special discount at Japan Festival 2014.
Since Myanmar’s economy is expected to grow with business-friendly laws and financial reforms underway, Toshiba is responding to the need for broad investments to support capacity building and infrastructure development required for economic growth.
About Toshiba Asia Pacific Pte., Ltd.
Toshiba Asia Pacific Pte., Ltd. (TAPL), a subsidiary of Toshiba Corporation, was established in 1995 as Toshiba's regional headquarters for operations in Southeast Asia, India and Oceania. TAPL’s main responsibility is to support Toshiba companies in Indonesia, Malaysia, Myanmar, Philippines, Thailand and Vietnam operating in the areas of social infrastructure systems, power systems, industrial systems, elevator systems and international procurement. Visit www.asia.toshiba.com for more information.
About Toshiba Corporation
Toshiba is a world-leading diversified manufacturer, solutions provider and marketer of advanced electronic and electrical products and systems. Toshiba Group brings innovation and imagination to a wide range of businesses: digital products, including LCD TVs, notebook PCs, retail solutions and MFPs; electronic devices, including semiconductors, storage products and materials; industrial and social infrastructure systems, including power generation systems, smart community solutions, medical systems and escalators & elevators; and home appliances.
Toshiba was founded in 1875, and today operates a global network of more than 590 consolidated companies, with 206,000 employees worldwide and annual sales surpassing 5.8 trillion yen (US$61 billion). Visit Toshiba's web site at www.toshiba.co.jp/index.htm.
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