Myanmar ICT

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What are the upsides of further 4G and fibre-optic penetration, and what role can foreign direct investment (FDI) play in developing such capacities?

 

Blockchain – the distributed-ledger technology that underpins cryptocurrencies such as Bitcoin – appears set to transform a wide variety of industries and perhaps fundamentally change the way business is conducted across the global economy.

Chapter | ICT from The Report: Myanmar 2019

A new wave of digital innovation is reshaping Myanmar’s economy, as a remodelled national strategy and increased competition enhance the performance of the ICT sector. Prior to the liberalisation of Myanmar’s telecommunications industry, SIM cards and mobile phones were a luxury only the wealthy could afford, but they are now becoming much more widespread, though there is still progress to be...

Although Myanmar has been faced with internal conflict, a new long-term economic agenda, alongside rising oil and gas prices and considerable growth in some manufacturing segments, are set to encourage increased foreign direct investment inflows into the country.

 

The liberalisation of the telecoms sector has seen the IT industry expand at a considerable pace. While it still has a lot of catching up to do with regional peers, local businesses and communities are rapidly adopting new technologies, and the potential for expansion into to new economic segments is clear.

 

In an effort to further strengthen a formidable telecoms sector, the Posts and Telecommunications Department – under the Ministry of Transportation and Communication – granted a fourth mobile operator licence to Myanmar National Tele & Communications in January 2017 following a period of negotiations. With an initial investment of $2bn,...

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