The colour of money
Despite a questionable human rights record, foreign governments and companies are investing billions of dollars to get their hands on the country's natural resources
- Published: 21/11/2010 at 04:34 AM
- Newspaper section: Spectrum
Regardless of the many reports documenting and condemning the violent impacts of their investments on local communities, some of the world's best-known energy companies are gearing up to partner with the military regime and profit from Burma's rich reserves of oil and gas.
The New York-based Human Rights Watch reported that, "27 companies based in 13 countries have investments in Burma's oil and gas fields. Thirteen of those companies are wholly or partially owned by foreign governments."
The US State Department identifies Thailand, China, India, Singapore, Hong Kong, Japan, South Korea and Malaysia as Burma's major trade partners.
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About the author
- Writer: Phil Thornton
- Position: Writer
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