At a symposium in Tokyo Saturday, a Myanmar business leader encouraged Japanese companies to keep pace with their Chinese and South Korean rivals who are investing in the newly democratizing country or risk missing out on prime opportunities before the 2015 elections.

U Thein Oo, chairman of the Myanmar Computer Federation, said Myanmar, which has a population of more than 60 million, sees Japan as a great business partner but that its companies' feasibility studies take too long compared with South Korean or Chinese firms, which are already receiving government help to tap the new market.

Thein Oo said the next three years will offer the best opportunities for investment.