Japanese loan to boost Burma’s ICT network

Burma is looking to borrow US$105 million from Japan to develop the country’s telecommunication infrastructure, according to state media. The loan, with a 40-year settlement period, will be used to install a Rangoon-Naypyidaw-Mandalay fibre-optic network and extend Rangoon’s internet access, amongst other projects. Report say that while mobile telecommunication services are operated by private companies, the state will continue to operate some areas in line with security demands, including landlines and faxing, the banking network and special economic networks.