Myanmar Business Today: Joint Venture Launching To Produce Flat Steel Products - JFE MERANTI Myanmar
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Myanmar Business Today: Joint Venture Launching To Produce Flat Steel Products

November 8, 2017

Tokyo — JFE Steel Corporation, Me­ranti Steel, JFE Shoji Trade Corpora­tion, Marubeni-Itochu Steel, and Hanwa Co, announced today their agreement to form a joint venture to produce and sell hot-dip galvanized and colored flat steel products for the building and construction sector in Myanmar.

 

The five companies will establish a manufacturing and sales company, JFE Meranti Myanmar Co. Ltd., in Myanmar through a Singapore-based hold­ing company, JFE Meran­ti Myanmar Holding Pte. Ltd. The joint venture will seek approval from rel­evant authorities to con­struct a new plant, and aim to launch operations in 2020. The plant is to be located in the Thilawa Special Economic Zone (SEZ) with a total invest­ment of approximately $85 million US dollars, according to a joint press release.​

 

Since democratization of Myanmar in 2011, eco­nomic development has progressed dramatically. The demand is rapidly expanding for flat steel products for building and construction, such as roofs, walls and struc­tures. Currently, most of these steel materials have to be imported, but the need is expected to rise for locally produced high-quality products supported with technical services and short lead times. The demand will increase as foreign com­panies increasingly en­ter Myanmar and build manufacturing plants, and as customer prefer­ences shift to higher-end products as the standard of living rises.

 

The new joint venture aims to promptly launch its lines for hot-dip gal­vanization and coating to capture the increasing demand for high-quality thin-plate building mate­rials. This will be the first project in Myanmar fo­cused on manufacturing high-grade galvanized flat steel products.

 

Meranti is a venture company with abundant knowledge of flat steel products for building and construction, for which it has conducted detailed studies and marketing in Myanmar. The new joint venture plans to maxi­mize customer satisfac­tion by leveraging the manufacturing technol­ogy and quality-control know-how of JFE Steel and the overseas net­works of JFE Shoji, MISI and Hanwa.

 

JFE Engineering, a member of the JFE Group, is already conducting a wide range of infrastruc­ture-related businesses in Myanmar. JFE now looks forward to contributing to further economic de­velopment in Myanmar with its flat steel products for the country’s building and construction sector.

Myanmar Summary: 

JFF Steel Corporation, Meranti Steel, JFF Shoji Trade Corporation, Marubeni-Itochu Steel နွင့္ Hanwa Co. Ltd တို့ပူးေပါင္းလ်က္ျမန္မာနိုင္ငံတြင္ေဆာက္လုပ္ေရးသံုးသံျပား၊သံေဘာင္မ်ားကိုျမန္မာနိုင္ငံတြင္ထုတ္လုပ္သြားမည္ျဖစ္ေျကာင္းသိရသည္။
အဆိုပါကုမၸဏီငါးခုသည္ျမန္မာနိုင္ငံတြင္ထုတ္လုပ္၊ေရာင္းခ်ေရးကုမ္ၸဏီJFF Meranti Myanmar Co., Ltd.  ကိုစင္ကာပူအေျခစိုက္JFE Meranti Myanmar Holding Pte., Ltd.မွတစ္ဆင့္တည္ေထာင္သြားမည္ျဖစ္ေျကာင္းသိရသည္။
သက္ဆိုင္ရာအာဏာပိုင္မ်ားထံမွခြင့္ျပုခ်က္ရသည္နွင့္သီလဝါစက္မႈဇုန္တြင္စတင္တည္ေဆာက္သြားမည္ျဖစ္ကာ၂၀၂၀ခုနွစ္တြင္စက္ရံုကိုစတင္လည္ပတ္ရန္ရည္မွန္းထားေျကာင္းသိရသည္။
၂၀၁၁ခုနွစ္မွစတင္ကာျမန္မာနိုင္ငံတြင္ဒီမိုကေရစီျပုျပင္ေျပာင္းလဲေရးမ်ားစတင္လုပ္ေဆာင္ခဲ့ျပီးေနာက္စီးပြားေရးသိသိသာသာတက္လာခဲ့ျပီးေဆာက္လုပ္ေရးမ်ားအတြက္သံျပား၊သံေဘာင္လိုအပ္ခ်က္မ်ားျမင့္မားလာခဲ့သည္။
လက္ရွိတြင္ျမန္မာနိုင္ငံအတြက္လိုအပ္ေသာသံျပား၊သံေဘာင္မ်ားကိုျပည္ပမွဝယ္ယူတင္သြင္းေနျရ့ပီးေနာင္တြင္ျပည္တြင္းတြင္ေဈးကြက္လိုအပ္ခ်က္ျမင့္တက္လာဖြယ္ရွိေနသည္။  ထို့အျပင္နိုင္ငံတကာမွစက္မႈလုပ္ငန္းမ်ားျမန္မာနိုင္ငံသို့ဝင္ေရာက္လာသည့္အခါတြင္စက္ရံု၊အလုပ္ရံုတည္ေဆာက္ေရးအတြက္  ေဈးကြက္လိုအပ္ခ်က္  ပိုမိုမ်ားျပားလာမည္ျဖစ္ေျကာင္းသိရသည္။
ယခုပူးေပါင္းရင္းနွီးျမႈပ္နွံမႈမွာေဆာက္လုပ္ေရးလုပ္ငန္းမ်ားတြင္ပိုမိုလိုအပ္လာေနေသာအရည္အေသြးျမင့္သံျပား၊သံေဘာင္လိုအပ္ခ်က္မ်ားကိုျဖည့္ဆည္းေပးရန္ရည္ရြယ္ေျကာင္းသိရသည္။ထို့အျပင္ယခုရင္းနွီးျမႈပ္နွံမႈမွာ  ေဆာက္လုပ္ေရးသံုးသံျပား၊သံေဘာင္မ်ားထုတ္လုပ္ေရးက႑ဍ၌ျမန္မာနိုင္ငံတြင္ပထမဆံုးေသာရင္းနွီးျမႈပ္နွံမႈလည္းျဖစ္သည္။
Meranti မွာသံျပား၊သံေဘာင္ထုတ္လုပ္ေရးတြင္နွစ္ေပါင္းမ်ားစြာလုပ္ကိုင္လာေသာဖက္စပ္ကုမ္ၸဏီျဖစ္ျပီးျမန္မာနိုင္ငံတြင္ေဈးကြက္ရွာေဖြေရးလည္းလုပ္ထားသည္။
JFF  အုပ္စု၏အဖြဲ့ဝင္ျဖစ္ေသာ JFE Engineering သည္ျမန္မာနိုင္ငံတြင္ေဆာက္လုပ္ေရးနွင့္ဆက္စပ္ေသာစီးပြားေရးလုပ္ငန္းမ်ိုးစံုကိုလုပ္ေဆာင္ေနသည္။
JFF သည္ယခုအခါတြင္၎တို့၏ထုတ္ကုန္မ်ားျဖင့္ျမန္မာနိုင္ငံရွိေဆာက္လုပ္ေရးက႑တြင္ပံ့ပိုးေပးလ်က္ျမန္မာနိုင္ငံ၏ဖြံ့ျဖိုးတိုးတက္ေရးတြင္တစ္စိတ္တစ္ပိုင္းအားျဖင့္ပါဝင္နိုင္ရန္ရည္ရြယ္ထားေျကာင္းသိရသည္။

 

[Click here to see original article published in Myanmar Business Today]