Prime Minister Shinzo Abe has offered Myanmar a ¥25.8 billion loan to aid development and called for a settlement of conflicts with ethnic minority rebels in the Southeast Asian country, government officials said.
Abe made the offer Wednesday in a meeting with Myanmar President Thein Sein soon after he arrived in the capital, Naypyitaw, to attend a series of events related to the Association of Southeast Asian Nations.
Tokyo envisions the yen loan will be used to improve infrastructure at a port and power facilities in Thilawa, southern Myanmar, reinforce the country's electricity distribution network and help lenders for small and midsize corporations, the officials said.