NEC Corporation has set a firm foot in Myanmar by establishing a branch office in Yangon, the Japanese IT company announced recently.
In a statement issued on 25 December, the company said the move was aimed at developing the nascent democracy's information and communications technology (ICT) and social infrastructure.
The new office is scheduled to begin operations in January 2013. "NEC has been contributing to Myanmar's communications infrastructure for 35 years through the provision of telephone switchboards, wireless equipment, satellite ground stations and broadcasting systems," said Shin Sakamoto, general manager, Greater China and Asia Pacific Sales Division, NEC Corporation.
In its statement, NEC rationalised the move by saying that in order to support the rapid economic growth that is expected in the future in Myanmar, the country is deeply in need of infrastructure improvement. Citing reports, the statement put out figures such as the following: just three percent of the nation's roughly 62 million people subscribe to fixed or mobile telephone lines. By 2015, the government aims to increase this figure to as high as 50 percent, which is also expected to drive improvements in the banking and IT systems.
"In the future, NEC aims to continue responding to local needs and strengthening regional business through the provision of international communication networks such as submarine cable systems, ICT infrastructure for industrial parks, disaster prevention systems, security systems, e-government systems and mass-market products such as servers," said Sakamoto.
According to NEC's statement, the corporation also plans to open a branch office in the city of Naypyidaw.
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