October 09, 2012
Burma's president is drumming up support for more investment in his
country as it emerges from decades of military rule.
--
"At present due to political and economic developments in our country
there are opportunities as well as challenges in foreign investments.
In this regard, SMEs [Small and Medium Enterprises] in Myanmar should
--
be prepared to face challenges as well as effectively utilizing
investment opportunities.  Thus we look forward to receiving necessary
assistance and co-operation from Kbiz [Korea Federation of Small and
--
government, making the resource-rich southeast Asian nation a prime
candidate for investment and development.
Just last week, a South Korean firm signed a deal to build a 500
--
megawatt power plant in Rangoon.
But while Burma is eager to attract foreign investment, potential
investors have raised questions about the pace of reform and access to
the country's natural resources.