TOKYO 16 July 2021: Japanese business entities should stop participation in a commercial real estate project involving Myanmar’s military junta, Human Rights Now, Human Rights Watch, Japan International Volunteer Center, Justice For Myanmar, and Mekong Watch stated in a joint release on Thursday.
They are targeting Yangon’s Y-Complex, where a 399-room Okura Prestige Yangon is due to open in 2022.
Justice for Myanmar alleges that foreign investment is involved in the construction and management of the Y-Complex project that funds land lease fees to the country’s armed forces known as the ‘Tatmadaw’.
One participating company, Tokyo Tatemono, stated that they
TOKYO (Reuters) - Human rights groups on Thursday called for Japan to cancel a real estate project involving Myanmar s defence ministry, saying the project is linked to the military, which has waged a deadly crackdown since the February 1 coup.
Japan s private firms and a state entity are engaged in a multi-million dollar hotel and office development on land owned by Myanmar s defence ministry, Reuters reported earlier.
Rights groups, including Human Rights Watch, said https://www.hrw.org/news/2021/07/15/japan-stop-real-estate-project-myanmar Japan failed to assess the risk associated with doing business in Myanmar. We strongly condemn the fact that Japan s public funds likely ended up in the hands of the Tatmadaw, said Yuka Kiguchi, Executive Director of Mekong Watch, referring to Myanmar s armed forces.
In this image from Myawaddy TV, a photograph of deposed Myanmar leader Aung San Suu Kyi’s court appearance was shown while a report about her case is read by a news presenter on May 24, in Naypyitaw, Myanmar. (AP Photo)
Human rights groups on Thursday called for Japan to cancel a real estate project involving Myanmar’s defense ministry, saying the project is linked to the military, which has waged a deadly crackdown since the February 1 coup.
Japan’s private firms and a state entity are engaged in a multi-million-dollar hotel and office development on land owned by Myanmar’s defense ministry, Reuters reported earlier.
Rights groups urge Japan to stop junta-linked real state project in Myanmar presstv.ir - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from presstv.ir Daily Mail and Mail on Sunday newspapers.