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FPT wins $11.3 million contract in Myanmar

Released at: 08:02, 26/02/2017

FPT wins $11.3 million contract in Myanmar

Illustrative image. Photo: fptmyanmar.com.mm

Beating 12 competitors from China, India, Singapore, Malaysia, and Myanmar, FPT wins the contract.

by Uy Vu

FPT Corporation, one of Vietnam’s IT giant groups,  won a $11.3 million contract in Myanmar, after beating 12 competitors from Chia, India, Singapore, Malaysia, and Myanmar.

Under the contract,  the Vietnamese company will implement a project as part of a programme to modernise Myanmar’s public finance system.

This is reportedly the biggest IT project of the Myanmar government thus far, and also the biggest World Bank funded IT project in the South East Asian country.

The project will be implemented by two FPT members, namely FPT Information System and FPT Myanmar, which will be in charge of supply, installation and commissioning of pre-fabricated data center facilities in Nay Pyi Taw and Yangon for Myanmar’s Ministry of Planning and Finance.

Earlier, FPT had implemented several of key projects in Myanmar, including the national financial switching system for Myanmar Payment Union, the National Portal, and the ERP system for United Paints Group, a leading paint manufacturer in the country.

FPT is also the first foreign firm licensed to operate in the Network Facilities Service segment in Myanmar. The latest contract firmly establishes FPT Myanmar as a leading IT enterprise in the country.

 

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