Japan’s second-largest telecom company, KDDI, announced today the
formation of a new affiliate company in Myanmar. The country’s rapid
political reforms this year have led to an influx of companies set up,
or return to doing business within its borders. KDDI Myanmar, as its
tentatively called, will begin operations in January 2013, and has been
jointly established by the Japanese company and its subsidiary in
Singapore.
KDDI says that the new offices in Myanmar will be the company’s 100th
overseas location. But while in Japan KDDI offers a number of services,
most notably cellular and data plans, in Myanmar they will only focus on
business clients. The country currently has a population of nearly 50
million, and with the number of foreign businesses increasing, KDDI
plans to fill the need for adequate offices space that can provide IT
infrastructure and maintenance/operation services for those looking to
rapidly launch their own operations. As a result, the “KDDI Myanmar
Business Center” will be located in the center of Yangon, Myanmar’s
largest city and former capital.
This new overseas establishment will also provide a big advantage to
other Japanese companies entering the Myanmar market, as KDDI touts that
it will offer “Japanese-quality” network construction and
infrastructure, as well as support from Japanese citizens or proficient
speakers of the language. KDDI joins the wave of Japanese firms eyeing
growth in the small Asian country. Suzuki Motors has announced its
intention to restart local production after it was halted in 2010
because of political and civil unrest. Likewise, airline All Nippon
Airways (ANA) has resumed flights to Myanmar after a 12-year hiatus.
Source: The Japan Daily Press
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