
The design of the ICT (information and communication technologies) zone is under discussion. The MICT Park was established in 2004 in Hlaing Township and now hosts more than 100 ICT companies. The federation asked for help from the Yangon regional government as the 20-acre MICT Park is full.
“We have chosen the site for the ICT zone. We did not get it free of charge and will have to buy it. The construction of an ICT zone is under discussion. Myanmar companies alone cannot afford to complete the construction. We will put it out to tender for investment from foreign ICT companies as well as Myanmar firms,” said Zaw Min Oo, secretary of the federation.
The regional government gave the green light for the new site as the first location chosen was reserved for a port development.
“We will conduct soil tests. Then we will choose building designs and calculate costs. Much more needs to be done in the whole process,” he added.