Invest in Myanmar - For Investors Seeking Opportunities in Myanmar
Follow:
Invest Myanmar - The Myanmar Investment Gateway
NEWS BY TOPIC
General Information about Myanmar (1)
Business (131)
FDI in Myanmar (45)
Investments (59)
Macroeconomic Data (4)
Infrastructure (4)
Financial (17)
Economy (37)
Construction (1)
Politics (29)
Real Estate (1)
Investment Legislation (3)
Sports (1)
NEWS BY SECTOR
Telecommunications (27)
Law (14)
Infrastructure (20)
Education (2)
Banking (19)
Jewellery (1)
Stock Market (2)
Agriculture (35)
Real Estate (22)
Mining and Exploration (10)
Construction (29)
Energy (47)
Textile and Fashion (10)
Tourism (23)
Information Technology (11)
Food and Beverage (13)
Electronics (3)
Waste Management (1)
Automotive (9)
Logistics (4)
Renewable Energy (0)

NEC sets up base in Myanmar

NEC SETS UP BASE IN MYANMAR
Date: 19/08/2013
Source: The Nation
NEC sets up base in Myanmar

NEC Corporation is bringing its expertise in information and communications technology as well as social infrastructure to Myanmar with the opening of offices in Yangon in February and in Nay Pyi Daw.

"There is tremendous growth potential in Myanmar and this is an opportune moment for NEC to contribute to the country's IT needs," Takayuki Morita, a senior vice president of the Japanese company, said yesterday.

"NEC will focus on providing key international communications networks, such as submarine cable systems, ICT infrastructure for industrial parks, disaster-prevention systems, security systems, e-government systems and mass-market IT solutions," he said.

The leading provider of information-technology and network solutions and systems integrator has more than 35 years of experience with Myanmar's communications infrastructure, including telephone switchboards, wireless equipment, satellite ground stations and broadcasting systems.

On May 14, Sumitomo Corp and NEC, in cooperation with NTT Communica-tions Corp, signed an agreement with Myanmar's Communications and Infor-mation Technology Ministry to support the country's project for urgent improvement of communications TETworks (test environment toolkits). This plan includes a high-speed, high-capacity core optical transmission network capable of transmitting 30 gigabits per second among the cities of Yangon, Mandalay and Nay Pyi Daw, as well as LTE communications to provide coverage among sites of the SEA Games.

The systems are expected to be completed by November, followed by technical training and operating assistance.

NEC's Myanmar offices will be headed by Yasushi Teranishi of the global business unit in the Greater China and Asia-Pacific division.


Topic: Business
Did You Know?
Literacy Rate in Myanmar is 83 per cent and life expectancy is 57 years. ... More

Featured news story
Low wages and high paying city jobs make it hard for Delta farmers
Low wages and high paying city jobs make it hard for Delta farmers

Featured Video
Myanmar's Reforms Generate Huge Economic Potential - Invest Myanmar.biz video
Myanmar's Reforms Generate Huge Economic Potential

COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
Today on Invest Myanmar
Member Companies: 82
News Stories: 341
Myanmar Videos: 59
Interesting Facts: 29
Factsheets: 9
 © Copyrighted 2012 Invest Myanmar.biz. All rights reserved.  

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.



Crafted by Sofia Web Works®, makers of Pahraat Kasinot and Casinobonus på alla svenska online casinon an Invest Bulgaria company