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Artikel

7 Dez 2011

Autor:
Reuters

Clinton visit opens Burma Road to investors

While many Western multinationals remain publicly cautious about the investment prospects of a country entangled in U.S. and European sanctions following years of human rights abuses, Yangon's five-star hotels tell a different story. Executives from a range of countries and industries huddle in groups in darkened lobbies or dine with their Burmese contacts in restaurants...Last week…a delegation of nearly 30 German businesses toured Yangon and the capital Naypyitaw to size up the country's prospects. Most represented small and medium companies, but there were some big names in the group, including Commerzbank AG (CBKG.DE), Germany's second-biggest bank, and DEG, the German Investment Corporation...The Industrial and Commercial Bank of China...had a branch opening ceremony the week Clinton was in town...[also refers to Lebanon's PEB Steel Buildings Co., Saudi Arabia's Zamil Steel, Singapore tourism firms GMH and Pan Pacific Hotels, and to positions of Chevron, ExxonMobil, Total, Coca-Cola]