Yoma Fleet, a branch of Yoma Strategic Holdings, has entered into an exclusive partnership agreement with Myan Shwe Pyi Tractors Limited (MSP CAT), the authorized dealer for Caterpillar branded heavy equipment in Myanmar, according to an article in Mizzima. The report said that Yoma Fleet will initially finance MSP CAT’s existing rental portfolio of 71 pieces of heavy equipment, 63 of which are Caterpillar machines, at a cost of about US$7 million. “At a time when we are anticipating a huge pick-up in infrastructure build-out as well as a resurgent mining sector, we expect this partnership to provide scalable financial returns for our Yoma Financial Services division in the years to come,” Yoma Strategic CEO Mr Melvyn Pun was quoted as saying. The move comes at a time that the government says it is planning to move ahead with significant infrastructure development projects across the country. Plans include power stations, ports, industrial zones as well as upgrades to existing transportation networks, including roads and railways.