Thursday, May 31, 2012

General Electric Company : General Electric : See Long-Term Business Opportunities In Myanmar - 4-traders (press release)

05/31/2012 | 05:23am

General Electric Co. (GE) hopes to get a license to operate in Myanmar by the end of this year as it sees long-term business opportunities in the Southeast Asian nation, Chief Executive of GE ASEAN Stuart Dean said Thursday.

The company is looking to provide power generator equipment to the country and is currently in talks with the Myanmar government to supply portable gas turbines, Dean told reporters on the sidelines of the World Economic Forum for East Asia in Bangkok.

Dean said he hopes talks with the government will conclude by the fourth quarter.

-By Payungsak Wiriyabunditkul, Dow Jones Newswires; 662-690-4200; payungsak.wiriyabunditkul@dowjones.com


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