TOKYO/YANGON -- Mitsubishi Corp. has signed two contracts with Myanmar's state-run railway, Myanma Railways, to deliver new rolling stock, the Japanese trading house said Tuesday.
The total cost of the two projects is approximately 69 billion yen ($663 million), which will be covered by an international yen loan agreement between the governments of Japan and Myanmar. The projects are part of the Japanese government's railway infrastructure export drive.
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