A Burmese activist has warned foreign investors that their money could harm the country's ethnic minorities.
The warning comes as Burma's reformist President Thein Sein begins a visit to New Zealand and Australia, where he will promote his nation as an investment destination.
The Burmese Government and many international donors see investment as the key to alleviating the country's grinding poverty.
But Seng Maw, an activist with the Kachin Association of Australia, told Radio Australia's Burma is "not ready" for an influx of foreign investment.
"International community including Australia should not invest in ethnic areas because of the lack of legal mechanisms ensuring the protection of rights," she said.
"[They should] instead focus on people-centred ethical investment to ensure these investments do not fuel cronyism, more conflicts and human rights abuses."
Meanwhile, the Burmese President has arrived in New Zealand on Thursday as part of a four-day trip.
Thein Sein is expected to arrive in Australia on Sunday and stay for another three days.
His visit is the first time a head of state from Burma has toured Australia since 1974.
He will meet Australia's Prime Minister Julia Gillard in Canberra and attend a state lunch in his honour.
Ms Gillard says she hopes closer ties will be forged with Burma during President Thein Sein's visit.
Pro-democracy campaigners say further reforms are needed in Burma, and Australia should not be welcoming its former military government leader just yet.