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Britain Burma's Biggest Investor

17 May 2012

Britain is the single-largest source of investment in Burma so far this year, according to a report by the Rangoon-based Weekly Eleven News journal. Of the eight countries that invested a total of US $270 million in Burma in the first three months of 2012, the UK spent nearly $100 million, the journal said. Most of this went into the oil and gas sector, which also attracted the bulk—$247 million—of all foreign investment in Burma. Since 1988, more than $40 billion has been invested in Burma, more than half of it by China and Thailand