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Xinhua: Japanese companies to set up special economic zone in Myanmar

Major Japanese motor companies are planning to establish [six] special economic zone in Myanmar [which is planned to attract direct foreign investment…to promote the country’s economic development] to produce motor vehicle spare parts, the leading local weekly Yangon Times reported Thursday…At present, such Japanese motor companies as Suzuki and Isuzu are cooperating with Myanmar companies in producing motor vehicles, while Toyota and Honda are running motor car service industry in the country.