Thursday, March 08, 2012

British Companies Eye Burmese Markets


7 March 2012
Europe's largest construction equipment company, J. C. Bamford (JCB), 
has revealed it is eying entry into the Burmese market.
The UK firm hopes to gain a foothold by the middle of the year, but 
much may hinge on the removal of EU sanctions—contingent upon the 
April by-elections being deemed legitimate.
The company's regional head, Rajen Nair, told The Irrawaddy, “I think 
Myanmar [Burma] has very good potential for growth in the coming years. 
We are new to that market but I have explored many options.”

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