Eye on Myanmar

Eye on Myanmar

The Burmese ICT Landscape

Myanmar has been hitting the right notes in the news media recently. Since the April 1st by-elections in which the National League for Democracy (NLD) — Aung San Suu Kyi’s party — won by landslide victory, the country appears to be on an accelerated path to democratic and economic reforms. For 50 years, Myanmar’s economy was closed off from the world. However, the country’s reforms have ratcheted up foreign economic interest in the country, and there is talk in the West of easing trade sanctions. The European Union has gone as far as agreeing to suspend most sanctions on Myanmar in response to the political sea change, even as the nation hastens to unlock its economic doors to the world.

The Internet and telecommunications space seems especially attractive for investment. In this country with 60 million people, a mere 5% of the population has access to fixed-lines—out of which 1.5% own mobile phones and 0.5% broadband access (World Bank, 2010). The Myanmar Post and Telecommunications Ministry’s (MPT) has a Master Plan which is aiming for 50% ICT penetration by 2015, indicating a concerted effort by the government to expand and advance the telecommunications sector. In tandem, both large and small businesses have started venturing or are exploring opportunities in Myanmar’s telco market.

This month, International Telecommunication Holding Ltd (ITHL), a Singapore-based optic network company, signed an agreement with MPT to build fiber-optic networks in the country, and NTT Data, a Japanese  firm, announced plans to invest in a software development unit in Yangon. With the population expecting better ICT access and infrastructure in the country, and with demands for technology services arising from economic growth, Myanmar’s ICT landscape bears close monitoring over the next few months.

Related Articles

Google’s Economic Impact in Latin America

Google’s Economic Impact in Latin America

Access Partnership is pleased to announce that we supported Google in estimating its impact in Mexico and Brazil. Our study...

13 Sep 2024 Opinion
The Economic Impact of Generative AI Use: The Future of Work in the Kingdom of Saudi Arabia

The Economic Impact of Generative AI Use: The Future of Work in the Kingdom of Saudi Arabia

The Saudi Vision 2030 was launched in 2016, setting forth 66 objectives for artificial intelligence (AI) adoption. To realize these...

10 Sep 2024 General
Economic Impact Report: Agay Barho – Empowering Pakistan’s Digital Economy

Economic Impact Report: Agay Barho – Empowering Pakistan’s Digital Economy

In 2021, Access Partnership estimated that digital transformation, if leveraged fully, could create up to PKR 9.7 trillion in economic...

3 Sep 2024 General
Economic Impact Report: Building Taiwan’s Economic Resilience with Google

Economic Impact Report: Building Taiwan’s Economic Resilience with Google

Taiwan’s economic future will depend on embracing artificial intelligence (AI) to boost productivity and diversify growth across all sectors. It...

31 Jul 2024 General