Burma’s National Planning Law has projected a
150 per cent growth target for the communication sector in the 2012-13 fiscal
year, which starts on April 1.
The
communication sector is projected to have the highest growth rate among 14
sectors, said officials.
According
to World Bank (WB) statistics, Burma’s communication sector is still in the
early stages of growth compared to other Southeast Asian countries.
For
example, hand phone density in Burma is one in every 100 persons. In
neighbouring Thailand, the figure is 101 for every 100 persons, according to WB
statistics.
In
Internet usage, only 0.2 per cent of every 100 persons can access the Internet,
while in Thailand the figure is 20 per cent of 100 persons.
Burmese
officials have implemented a five-year plan for hand phone usage in Burma,
announcing it would allow 30 million hand phone connections starting from 2012.
Since the second week of March, SIM cards were priced at 200,000 kyat each (US$
244), a very high price when compared to neighbouring countries where SIM cards
are selling for as low as 5,000 kyat (US$ 6) each.
According
to the National Planning Law, the GDP growth target for the 2012-13 financial
year is 6.7 per cent. The agriculture sector growth rate is projected at 3 per
cent; the industry sector at 9 per cent; and services sector at 8.3 per cent.
The
Planning Law projects GDP income will increase to 839,551 kyat (US$ 1,024
billions) in 2012-13 financial year from 740,814 kyat (US$ 904 billion) during
the last fiscal year.
The
export target is 9,211,143 million kyat (US$ 11.233 billions) and import target
is 6,582,800 million kyat (US$ 8.028 billions) in current prices.
Myo
Thant
Mizzima
Business & Investment Opportunities
YourVietnamExpert is a division of Saigon Business Corporation Pte Ltd, Incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Strategy, Investment and Management, focusing Healthcare and Life Science with expertise in ASEAN. We also propose Higher Education, as a bridge between educational structures and industries, by supporting international programmes. Many thanks for visiting www.yourvietnamexpert.com and/or contacting us at contact@yourvietnamexpert.com
No comments:
Post a Comment