[Myanmar] Foreign Investors And Tycoon To Explore Burma’S Resources

[News_Editor]

Serge Pun, a business crony of Burma’s previous military regime, is teaming up with London Stock Exchange listed private equity firm Origo Partners to invest in resource exploitation sector in Burma. Origo Partners said in a press release on Tuesday that its “joint venture, with Serge Pun & Associates (Myanmar) Limited (SPA), will help it to tap into Myanmar’s potential to become a significant supplier of goods and raw materials to global markets, particularly China.†“The joint venture, which will be equally split between Origo and SPA, will initially focus on opportunities in metals and minerals exploration, including copper, gold, nickel and other mineral deposits,†said the firm.

Source: Irrawaddy.org