JICA to provide ICT technologies for Myanmar’s Central Bank

Japan International Corporation Agency (JICA) will provide technologies and electronic devices for upgrading ICT system of Myanmar’s Central Bank, according to the bank’s reports.

The JICA will coordinate with three Japanese electronics firms _ Fujitsu Limited, KDDI Corporation and Daieiwa Research Company_ to provide the assistance for the Central Bank. These three firms are multinational IT companies in Japan.

The Japanese firms will involve not only in creation of design, providing of electronic devices and construction of internet networks but also in providing of hardware, software and networking programmes.

Moreover, the electronics companies will arrange more training programmes in their respective sectors to develop human resources in Myanmar.

“We are discussing the issues of sharing the bank’s data with JICA through using Cloud technology. After that, we are going to implement the project in December. For the first phase, we have signed an agreement and we are going to carry out the remaining tasks gradually,” an official from the Central Bank said.

The departments such as Current Account Management, Management of Treasury Bonds and Bill as well as Credit and Collateral Management and Mechanized Clearing House will receive assistance from the JICA. The project will start in December 2013 and is to be completed in 2016.

source: Eleven Myanmar
http://elevenmyanmar.com/national/3599-jica-to-provide-ict-technologies-for-myanmar-s-central-bank