HeiTech Padu explores role in Myanmar cyber city project
Any involvement in Yadanapon would depend on technical and commercial assessments, agreement between the parties and required approvals.
HeiTech Padu Bhd is considering whether to take part in Myanmar's Yadanapon cyber city project, the company said, as it looks for opportunities to extend its operations across the region.
The Malaysian company said its possible contribution could draw on its expertise in integrating systems, developing digital infrastructure and providing technology for government use. Discussions with Myanmar stakeholders included engagement with Diamond Palace Group in 2024, followed by further talks in September and October.
Group chief executive officer Syed Omar Albar Syed Abdullah said HeiTech saw scope to apply experience gained in Malaysia to other markets. He said further discussions with relevant stakeholders would help the company understand the opportunities in Myanmar and assess how it might contribute.
HeiTech said any involvement would require additional technical and commercial assessments, agreement between the parties, and the relevant corporate and regulatory approvals. The company described its engagement as an exploration of potential opportunities.
