Japan pledges $96m development aid for Burma’s ethnic states
Japan pledges $96m development aid for Burma’s ethnic states
Democratic Voice of Burma, 08 Jan 2014
URL: http://english.dvb.no/news/japan-pledges-96m-development-aid-for-burmas-ethnic-states-burma-myanmar/35851
Japan has pledged 10 billion yen (US$96 million) to develop infrastructure in the conflict-torn ethnic regions of Burma.
At a press conference on Monday in Rangoon, Japanese Ambassador Mikio Numata said Tokyo plans for the development aid package to be used over the next five years to improve living standards in Burma’s war-torn ethnic areas.
According to a report on Tuesday by Dow Jones, the assistance will initially focus on providing food and shelter to displaced persons, and later toward building roads, schools, hospitals and other infrastructure needed to create jobs in the northern and eastern ethnic states.
The nearly $100 million is part of a $500 million development package pledged by Japanese Prime Minister Shinzo Abe last year when Tokyo also agreed to forgive some $3.7 billion in debt owed by Burma.
At a press conference on Monday in Rangoon, Japanese Ambassador Mikio Numata said Tokyo plans for the development aid package to be used over the next five years to improve living standards in Burma’s war-torn ethnic areas.
According to a report on Tuesday by Dow Jones, the assistance will initially focus on providing food and shelter to displaced persons, and later toward building roads, schools, hospitals and other infrastructure needed to create jobs in the northern and eastern ethnic states.
The nearly $100 million is part of a $500 million development package pledged by Japanese Prime Minister Shinzo Abe last year when Tokyo also agreed to forgive some $3.7 billion in debt owed by Burma.