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ASOCIO Mid Year Plenary Meeting 2013

ICT Business Opportunities in Myanmar. ASOCIO Mid Year Plenary Meeting 2013. Dr Tun Thura Thet Joint Secretary 1, MCF. ICT Business Opportunities. Introduction ICT Business Opportunity Highlights Outsourcing and Offshore Developments Domestic Market Mobile Application Development

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ASOCIO Mid Year Plenary Meeting 2013

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  1. ICT Business Opportunities in Myanmar ASOCIO Mid Year Plenary Meeting 2013 Dr Tun Thura Thet Joint Secretary 1, MCF

  2. ICT Business Opportunities • Introduction • ICT Business Opportunity Highlights • Outsourcing and Offshore Developments • Domestic Market • Mobile Application Development • Financial Sector • Government Sector • Infrastructure Projects • Current Status • Recent Developments • Conclusion

  3. INCLUSIVE SOCIO-ECONOMIC DEVELOPMENT Fundamentals Contribution to GDP, Export Fair Competition Clean Government Good Governance Transparency Sectorial Development ICT Industry Development Agriculture Trade Service Industry ICT for Enabling Environment Infrastructure Education Legal HR Source: UTO, MCF

  4. Opportunity Highlights • Outsourcing and Offshore Developments • Domestic Market • Mobile Application Development • Financial Sector • Government Sector • Infrastructure Projects

  5. Outsourcing & Offshore Development Source: UZMT, MCPA, 2012

  6. Outsourcing & Offshore Development • Major Technologies • Java Technologies • Microsoft Technologies • Open Source Solutions • Mobile Applications Source: UZMT, MCPA, 2012

  7. Domestic Software Market Market Growth Technological Platforms Source: SIDC, 2012

  8. Mobile Application Development • Mobile Application Developments • Availability of mobile application developers and teams • Globalization of App Stores • Overseas Market • Domestic Market • Smartphone and Tablets Platforms • Android • iOS (iPhone, iPad) • Windows Phone 7/8

  9. Mobile Financial Services EMERGING MARKETS DEVELOPED MARKETS Branchless banking Salary/welfare disbursement Micro-financing Payments to merchants P2P transfers Bill payment Banking & Financial Management Micro/macro-payments P2P transfers Bill payment

  10. Financial Sector • Central Banking • Automatic Clearing House (ACH) • Credit Bureau etc • Commercial Banking • Core Banking Systems, xRM, SWITF Integration • Payment Networks, EFT Inter-banking • Capital Market and Stock Exchange • Myanmar Stock Exchange • E-Brokerage Solutions

  11. Government Sector:Stages or Levels of e-Government Success DEVELOPMENT Source: UKS, MCIT, 2012

  12. The Current Status of e-Government Initiatives Source: UKS, MCIT, 2012

  13. Infrastructure Projects Tele-Density: 8.83 % Subscriber Base: 5,331,162 As of October, 2012 Source: UKS, MPT (2012)

  14. Current Status: HRICT Professionals Source: MCF

  15. Recent Developments • MCF, MCIA, MCPA Initiatives • New Laws • Telecommunication Law and Media Law • Foreign Investment Law • Electronic Transaction Law • Public ICT Companies • Myanmar ICT Development Corporation, MICTDC • Myanmar Technological Investment Corporation, MTI • Centre of Excellence, Ministry of Science and Technology • New Telecommunication and Mobile Network Operators

  16. Conclusion • Align with Global Trends • Leapfrog Technologies • Align with Local Context • Transformation and Sustainability • Win-Win Business Models • Partnership • FDI, JV, M&A • Government/Public Sector - PPP

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