About the company
Japanese Overseas Infrastructure Investment Corporation (JOIN)
JOIN is a Japanese state-owned company investing in infrastructure internationally.
Fujita, Tokyo Tatamono Co, JOIN, and the Japan Bank for International Cooperation (JBIC) are all involved in a consortium that pays rent to the Burmese military for land for a complex they built and financed. Known as the Y Complex, the development of shops, offices and a hotel is estimated to be paying the military around $2 million a year in rent. We understand that development of the project is currently suspended.
It is also a joint owner, along with four other companies, of the TMIT port in Thilawa. TMIT has allowed vessels from the military-owned Five Star shipping line to use its port.
Contact:
Tatsuhiko Takesada, President & CEO
JOIN
Marunouchi Nakadori Bldg. 2F
2-2-3 Marunouchi, Chiyoda-ku
Tokyo, 100-0005
Japan
Email: info@join-future.co.jp
Sources:
New evidence details Japanese payments to Myanmar army for Y Complex land lease, Justice for Myanmar, 24th March 2021
Japan state-funded hotel deal pays rent to Myanmar defence ministry, by Ju-min Park, John Geddie, Reuters, 24th March 2021
https://www.reuters.com/article/us-myanmar-politics-japan-insight-idUSKBN2BG0FF
JOIN supports the Thilawa Area Port Terminal Operation Project in Myanmar, JOIN, 30th January 2019
https://www.join-future.co.jp/images/topics/1602814460/1602814460_20001.pdf
Myanmar Port Authority berthing list 14th March 2022
http://www.mpa.gov.mm/sites/default/files/Berthing%20List%2014-3-2022.pdf
TMIT website accessed April 2022
https://www.tmit-mm.com/company-profile/
Notified 20th January 2022
Added to the Dirty List 1 March 2022
Updated 9 May 2022