Marubeni Corporation
Created: 04-04-2016 , Last update: 13-08-2020
Contact Details
| Marubeni Corporation | |
| 602-606, Hledan Centre, Corner of Pyay and Hledan Road, Kamayut Township, Yangon | |
| Myanmar / Yangon | |
| +951 2305616~21 | |
| +95 2305622 | |
| www.marubeni.com |
Management
| Name | Position | Phone | |
|---|---|---|---|
| Aung Thiha | Assistant General Manager | Aung-thiha@marubeni.com | |
| Khin Thida Soe | Thida-Soe@marubeni.com | ||
| Shintaro Yamanaka (Aung Naing Win) | General Manager, Power Project Department | yamanaka-s@marubeni.com | |
| Nay Chi Khaing | Assistant Manager | naychi-khaing@marubeni.com | |
| Kaung Min | Assistant Manager (Power Project Department) | kaung-min@jpn.marubeni.com |
Key Information
| 1942 | |
| Marubeni is a Japan conglomerate. The firm has maintained a branch office in Myanmar since 1942. Marubeni has interests in the transportation, fertiliser, energy and power sectors in Myanmar. | |
| May 2020 International NGO Burma Campaign UK (BCUK) added the company to its dirty list. July 2020 In July 2020, an NtP was signed for the 1,250MW LNG-to-power plant and fuel terminal at Thilawa Special Economic Zone (SEZ). It is to be implemented by a JV of Myanmar's Eden Group and Japan's Mitsui, Sumitomo and Marubeni. It is unclear if the other Myanmar companies originally included in the project are still attached. | |
| COMPLETED PROJECTS Construction of No.2 Baluchaung hydroelectric power plant in 1960. Previously completed a number of gas-fired power plants around Yangon, including at Ywama, Hlawga, Thaketa and Ahlone. UNDERWAY PROJECTS Upgrade of the 25MW Thaketa combined cycle plant, bringing the facility to 66MW. A $22m contract was awarded in October 2017, with the project to be complete by October 2019. PLANNED PROJECTS Marubeni signed a MOU with the Ministry of Electric Power (MoEP) for 400MW gas-fired power plant in Thanlyin Township. The project is undertaken by Marubeni, Global Power Synergy and Eden Group. It is $400m investment. The construction will be commenced in 2016 and expected to complete in 2020. A Marubeni-led consortium was commissioned by the MoEP to conduct a feasibility assessment on a 2,000MW coal-fired plant in the Tanintharyi region of southern Myanmar. In February 2016, Marubeni announced a $17.5m investment fertilizer plant in the Thilawa SEZ. It is a JV project. In December 2019 it was announced that Marubeni and six other companies had formed a consortium to construct a 1,250MW LNG-to-power plant and fuel terminal at Thilawa Special Economic Zone (SEZ) valued at $2bn. RELATED PROJECTS In 2013 Global Power Synergy (GPSC), a subsidiary of Thailand state-owned energy giant PTT, signed an MoU with Japan’s Marubeni to cooperate in power infrastructure throughout ASEAN. GGPSC is involved in several other joint venture projects, with a planned total combined capacity of 3,000MW in Myanmar. NON-ENERGY MYANMAR PROJECTS Marubeni is one of three Japanese private-sector shareholders in Myanmar-Japan Thilawa Development (MJTD), along with Sumitomo and Mitsubishi. The firm has also launched a corrugated container joint venture business in Myanmar. |
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