Technology ICT Park
BlogMyanmar Technology ICT Park – The Way Forward In The Science And Technology Era
If one is to consider Myanmar’s existing science and technology capacities, one should be aware of its persistent need for improvement. Therefore, investors are required to boost the Myanmar IT Industry boldly into the omnipresent digital era. Digital literacy and ICT investments in this day and age are paramount for the progress of a country. Hence, bold attempts made by Myanmar World Capital Co., Ltd to turn Shan State, more specifically, the town of Heho into a technopolis, have been greeted with uninhibited joy and excitement. Moreover, one cannot but applaud project of Heho Valley, for making efforts to turn Kalaw Township into Myanmar’s top Technology Park.
What it has to offer?
At the proximity of ASEAN highway and Heho International Airport, Myanmar World Capital Co., Ltd’ project is planned to stretch on 300 acres of land. The country’s plan is to generate $5bn worth of annual Myanmar Foreign Direct Investment Opportunities, and generate 1 million industry jobs by 2021. The Vision of Myanmar World Capital Co., Ltd for Heho Valley project is to set up such a technology park which will serve its science and technology regional and national economies but also aid the ecosystem and the green energy supply. The purpose of establishing Myanmar’s Technology ICT Park is to encourage the development of innovative start-up companies and through the incubation process to nurture their entry into the open market.
Technology ICT Park – the Epitome of Modern Myanmar
In order to enable prosperity and community growth, the construction of the Myanmar’s Technology ICT Park foresees foreign investment across the region. The rationale is to power local businesses and to transfer the knowledge and skills to the Heho Valley project’s local community. The major areas of investment highlighted in the project plan of Myanmar World Capital Co., Ltd for Shan State include bio-technology, renewable energy sources, green technology, IT hardware, IT enabled services, research and development, and most certainly information and software technology. The Technology Park will propel the development of Myanmar’s digital economy through reinforcing the software industry, IoT, AI (Artificial intelligence), telecommunication, hardware manufacturers, fiber optics, robotics, and medical instruments.
Residential Units Among The Facilities Offered in Myanmar’s Technology ICT Park
The most enticing aspect of the project Heho Valley in Myanmar’s Technology ICT Park is the plan to build Residential Units. In addition to the Myanmar World Capital’s idea to encompass signature facilities for creativity and innovation, the Park is meant to attract residents and offer units for rent. The residents will be privy to an industrial complex and administrative buildings as well as a data Center and staff village with the accompanying retail shops. The buzzing community of tomorrow will arrive in today’s Technology ICT Park’s residential area, to revitalize the exchange of professionals and entrepreneurs and to contribute to the growth of the local community.
Hecho Valley House Sale
Myanmar’s Technology ICT Park will be independently organized and infrastructurally completed to serve the local SME’s. The intention is to develop innovations to reach entrepreneurial application. Moreover to receive and transfer technologies to target high-tech development which can further be applied in economy. And in order to succeed in that intention, affordable apartments and small houses are promoted to the people across the Heho Valley so as to lay the grounds for a fruitful cooperation between professionals and businesses. The creation of employment opportunities as well as skilled labor to reside in Heho Valley lease project, is instrumental to crafting a vibrant economic growth of Shan state.
Idea Behind the Myriad Residential Units
Myanmar’s Technology ICT Park will offer an abundance of residential housing options. Ranging from skillfully designed villa units, modern bungalows, cottages, duplexes and townhouses through to student dormitories and holiday rentals. The idea behind the myriad of accommodation is to cater to the versatile needs of the community, to allow for safe and prosperous lodgings and to comfortably serve as a second home to the residents in Yangon, Mandalay and further afield. The residential area in Myanmar Technology ICT Park is bound to become a destination for the entire Shan state rather than a specific hub for the contemporary digital hubbub. It will provide content for the multiple distinct cities and their singular attractions and economic demand generators, as well as to the SMEs and featured neighborhoods.
Plenty of Opportunities for Catering and Hospitality Industry to Grow
The residential developments in Myanmar’s Technology ICT Park will on one hand inevitably drive the need for the catering and hospitality industry. On the other it will push for increase in quality of life. A very strong residential unit base is pivotal to the thriving of retail shops, food and beverage facilities as well as tourism outlets and the catering business. The Heho Valley project is bestowed on such an expansion so as to create a “buzz” of individualistic and business-like interaction and in turn raise land and property value so that it generates even greater economic activity. Another perk to foreign direct investment in Myanmar’s Technology Park is contained in the fantastic scenery of the beautiful Heho Valley, endowed with incredible climate throughout the year. Accordingly, well developed housing options in the proximity to suppliers and cutting-edge research companies are key to the success of this story.
Beyond the Residential Facilities
knowledge, advanced technology, education and connections with local and regional businesses.
The design and zoning plan foresees a Medical and Vocational Center, a Technology Park, Residential Area and a lot more. The Academy is positioned in conjunction with the pre-incubation, incubation and acceleration of high-tech startups for the purposes of attracting international investments. The research and development components are designed to meet the demands of national and international projects in science and technology. Further acquisition of equipment and cutting-edge expertise under the Heho Valley project shall be made accessible to companies interested in testing new technologies to develop and improve products and manufacturing processes.
Aim to Deliver Nothing Less Than Excellence
Myanmar World Capital’s endeavours to build the Myanmar Technology ICT Park are nothing short of brilliant. Since Heho Valley is a unique community, its revitalization efforts are vital for fundamental digitalization and commercial advancement. The Myanmar Technology Park will be the link between experts and entrepreneurs who want to engage in economic activity based on new technologies and aim to commercialize technological knowledge and create high-profit businesses. Therefore Myanmar Technology ICT Park’s development fundamentals are shaped by prudent decision-making in terms of steps and actions forward. National and international investments will prompt a Heho Valley house sale boom to facilitate youth migration and boost economic growth of the entire Shan State. Beware, Myanmar’s Technology flagship ICT park is all set for takeoff, and it will be quite the ride.