Japan’s JFE Holdings is planning to enter Myanmar to implement water and sewage treatment facilities by collaborating with local partners. Earlier, in November 2013, JFE established a JV for the construction of a bridge. Though the company has built sewage treatment facilities in Malaysia and other countries, it has not established a track record on facilities that purify river water for drinking. With an eye towards expanding into Myanmar, JFE plans to purchase Isomura Hosui Kiko, Japan’s largest water sterilisation equipment company, in a deal that expected to cost nearly 1 billion yen ($9.65 million). JFE Engineering, whose water business generates 20 billion yen in sales annually, is looking to secure orders in Vietnam and other countries in the region.
