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For investors in Myanmar, it's a slow road to riches
Plans delayed as NLD suspends projects to review those approved by previous regime
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Tan Hui Yee Indochina Bureau Chief In Thilawa, Myanmar, Tan Hui Yee
Growing a cable business takes patience. For LS-Gaon Cable Myanmar, a South Korean-owned firm incorporated in Myanmar in 2017, the plan was simple: it would start by producing and selling lower-cost, low-voltage cables used widely on the electricity poles scattered around the country.
When Yangon city grew more crowded and construction expanded beyond and underground - requiring the use of medium-or high-voltage cables - the firm would start making these more sophisticated products.
