Japanese telecommunications firm KDDI announced its arrival in Myanmar on December 12 with the creation of a local affiliate, tentatively named KDDI Myanmar.
The centrepiece of KDDI’s plan is the creation of a business centre that the company plans to set up in Yangon.
The centre would offer “office space with IT infrastructure and maintenance/ operation services” to start-up businesses in Myanmar, the company said in a press release last week.
“There is currently a lack of offices that are adequately equipped for business,” it said.
The Myanmar operations will also offer “Japanese- quality network construction and ICT infrastructure support services” to businesses with their own premises.
The KDDI statement said its services would be aimed at Japanese businesses coming into Myanmar, it added.
With annual sales of US$41.3 billion, KDDI is ranked 191st in Forbes magazines’ World’s Biggest Public Companies list.