A delegation of Japan's biggest business lobby has told Myanmar President Thein Sein that it will provide money and expertise for the future development of the long-isolated country.

Heading the Keidanren delegation of around 100 senior officials from leading domestic businesses, Hiromasa Yonekura, chairman of the industry group, said, "For the purpose of human resource development, Keidanren would like to consider specific measures such as the creation of a scholarship system."

As many other countries are trying to make forays into Myanmar, one of the last major untapped markets in Asia as it rapidly opens up to the rest of the world, Yonekura underscored that Japan's business community could play a pivotal role in the country's development.