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Investments In Burma (r)
- Subject: Investments In Burma (r)
- From: tmyint@xxxxxxxxxxx
- Date: Mon, 30 Oct 1995 21:04:00
The following is a correct one. Please disregard my correction "read 9.
Australia instead of 9. Austria." I screw up myself and didn't realized
until Ko Myo Aye pointed out. Thanks. Tun Myint.
On Mon, 30 Oct 1995, Conference 'reg.burma' wrote:
> Date: Mon, 30 Oct 95 01:45:19 EWT
> From: Conference 'reg.burma' <burmanet-l@xxxxxxxxxxx>
> To: tmyint@xxxxxxxxxxxxxxxxxxxxxx
> Subject: Investments In Burma
>
> From: Tun Myint <tmyint@xxxxxxxxxxx>
>
>
>
> Dear All:
>
> The following table of ranking investors in Burma is from Oct. 12, 1995
> issue of Far Eastern Economic Review. If you have any correction or
> comment on this numbers, please share with us. It seems to me that FEER
> omitted the annual offers from ongoing Pipline project from Unocal,
> Texaco and Total (Fr). I refers to 2/10/95 issue of The Wall Street
> Journal.
>
> Investor Year Commulative $ Million
> through Aug. 31
>
> 1. Britain ------------------------------- 642
>
> 2. Singapore --------------------------- 548
>
> 3. France ----------------------- 465
>
> 4. Thailand --------------------- 418
>
> 5. U.S ------------ 241
>
> 6. Malaysia ---------- 227
>
> 7. Japan ----- 107
>
> 8. Netherlands ---- 83
>
> 9. Austria --- 72
>
> 10.Hongkong -- 64
>
> 11.S. Korea -- 61
>
> 12.Australia - 30
>
> 13.Canada - 25
>
> 14.Philippines . 7
>
> 15.Bangladesh . 3
>
>
> My comment on this is that it is surprising to see the U.S
> position as the fifth in share of "foreign direct investment"
> in Burma. I am believing U.S is one among the top. I would
> be happy if anyone could explain more about it. Would
> you mind to explain what "foreign direct investment"
> mean? Does it convey the numbers above are directly
> invested in SLORC (government)? Or do those numbers exclude
> the investments in private sectors?
>
> Thanks.
>
> Tun Myint.
>
>