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January 22, 2020

Digital Economy Development Committee held

Vice President U Henry Van Thio delivers speech at the digital economy development committee meeting at the meeting hall of the Ministry of Planning and Finance in Nay Pyi Taw. Photo: MNA

U Henry Van Thio, Vice President addressed the digital economy development committee meeting 1/2017 held at the meeting hall of the Ministry of Planning and Finance in Nay Pyi Taw at 9 am yesterday and said that efforts have been made to upgrade the national economy and so as to economically compete with countries in the regions under the economic policy of Myanmar.
Vice President added, “Digital Economy Development Committee was formed with the intention of performing the tasks of effective and successful implementation of national economic policies, provision of governmental supports for the successful emergence of digital economy in the country, development of other economic sectors based on digital economy, development of social affairs, education, health and economy by the use of digital technology, creating Myanmar as a digital hub of ASEAN region by upgrading better economic environment and digital technology. Likewise the digital economies of global countries have been implemented by laying down objectives in their respective years.
The Vice President went on to say, “In building up digital economy by upgrading all the national sectors into digital economy, as the first stage efforts are required to be made to upgrade needs of Myanmar’s economic infrastructure, to change rules, regulations and policies, to upgrade human resources, to get work and monetary resources and to create better economic environment. As the second stage, getting advices from international leading technological companies and cooperating with them, inviting international investments, trying to transfer technologies from international companies, performing emergence of inventions in the country, encouraging the emergence of startup companies and planning to make national income by basically building up digital economy so that the country can become a digital hub of ASEAN region in a designated period of time.”
Afterwards, U Kyaw Win, Union Minister for Planning and Finance, and chairman of digital economy development committee clarified as regards the digital economic development.
U Kyaw Myo, Deputy Minister for Transport and Communications, Permanent Secretaries, Directors-General and professionals from private sectors in their respective sectors also attended the meeting
Finally, U Henry Van Thio, Vice President, patron of digital economy development committee gave advice regarding the clarifications presented at the meeting.



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