Wednesday, December 26, 2012

Japan’s NEC opens branch office in Rangoon

Wednesday, 26 December 2012 12:30 Mizzima News

Japan’s NEC Corporation announced on December 25 that it had established a branch office in Rangoon.

NEC's HSMX-3000 Multi-Format Routing Switcher which can distribute various format/bit-rate of digital signals. (PHOTO: NEC)

In a press release, NEC said it was “aiming to develop the country's information and communications technology (ICT) and social infrastructure. The new office is scheduled to begin operations in January 2013.”

The Tokyo-based IT firm, which specializes in telecommunications, servers and electronics, said that it also plans to open a branch office in the capital, Naypyitaw.

NEC, originally the Nippon Electric company, was founded in 1899. In recent years it has emerged as a leader in providing IT and network services to both private businesses and government agencies.

In its statement on Monday, it said, “Recently, Myanmar's unique geography, abundance of natural resources and movement towards democracy are attracting the attention of businesses throughout the world. In order to support the rapid economic growth that is expected in the future, the country is deeply in need of infrastructure improvement, where reports indicate that just 3% 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%, which is also expected to drive improvements in the banking and IT systems.”

According to Shin Sakamoto, the General Manager of the firm’s Greater China and Asia Pacific Sales Division: “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. 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.”
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