MIRAIT Technologies establishes a subsidiary company in Myanmar

TOKYO--(Antara/BUSINESS WIRE)-- MIRAIT Technologies Corporation (Head office: Nishi-Ku, Osaka, President: Kouichi Takahatake) announced today the establishment of its local subsidiary with 100% stake in Myanmar.





Purpose of the new company




MIRAIT Technologies Corporation as a comprehensive engineering company is expanding its business in APAC region with “Triple-Win Strategy.”
Mamoru Tanaka, Senior Corporate Officer and Head of Global Business Department, explains that he is planning an educational program that develops engineering skills such as for optical fiber technologies and Triple-Win Strategy means prosperous relationship with Customers, Myanmar and MIRAIT Group.




With the establishment of the new company, by focusing on maintenance, designing the communication facility and construction for Mobile phones, we contribute to Engineer’s Resources Development and the progress of Telecommunication Network in Myanmar.
In the purpose of creating new market for IT Engineering and Service sector, we actively collaborate with Local Partners.




MIRAIT Technologies Group has already received order for mobile phone communication work as a project in Myanmar and the new company will take over the full-scale development.

New Company Profile
		Name		:		MIRAIT Technologies Myanmar Co., Ltd. (MTM)
		President		:		Katsushi Kogiso (Mr)
		Office		:		Head Office in Yangon, and Operational Office in Mandalay
		Address		:		Ambo Tower 9th Floor, No.149, Boaungkyaw Road, Kyauktada Township, Yangon
		Establishment		:		February 1st, 2016
		Scope of Business		:		Construction, Designing and Maintenance for Telecommunication Facility
		1st FY Sales		:		20 Billion Myanmar Kyat (US$ 20 Million)
		Shareholder		:		100% MIRAIT Technologies Corporation
		Capital		:		1 Billion Myanmar Kyat (US$ 1 Million)
		Employee		:		100 people
		URL		:		http://www.miraitmm.com

About MIRAIT Technologies Corporation




MIRAIT Technologies Corporation as one of main subsidiary companies of MIRAIT Holdings, has been in operation for over 50 years, having delivered high-impact projects in more than 60 countries, it has contributed to the evolution of communications network infrastructure around the globe and responded to the global trends by actively developing ICT businesses related to cloud computing and data centers in addition to constructing a conventional telecommunications infrastructure.








View source version on businesswire.com: http://www.businesswire.com/news/home/20160229007060/en/




Contacts




MIRAIT Technologies Myanmar Co., Ltd. (MTM)
Hiroaki TAKESHIMA, +95-1-373345
Director
takeshima@miraitmm.com
Thura Aung, +95-1-373345
Vice President
thuraaung@miraitmm.com
FAX: +95-1-373345
http://www.miraitmm.com
or
MIRAIT Technologies Corporation
Global Business Department
TEL: +81-3-5496-8460
FAX: +81-3-5560-0976
http://www.tec.mirait.co.jp/english/
or
MIRAIT Holdings
Public Relation Office
TEL: +81-3-6807-3120
FAX: +81-3-5546-2967
http://www.mirait.co.jp/en/




Source: MIRAIT Technologies Corporation


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