HomeMMBIZ NewsGovt Mulls Tech Innovation Centre to Promote IP Rights

Govt Mulls Tech Innovation Centre to Promote IP Rights

Myanmar is planning to set up a technology and innovation support centre (TISC) to strengthen its intellectual property sector, a minister said.

The centre will be developed in cooperation with the World Intellectual Property Organization (WIPO).

Ba Shwe, deputy minister, Ministry of Science and Technology, said ensuring intellectual property rights will play a crucial role in the economic development of the country.

The TISC will help innovators and researchers in developing countries to promote information technology-related works, create, protect and manage intellectual property rights, the minister said.

The initiative involves technical experts from TISC, officials from related ministries and representatives from non-governmental organisations.

Myanmar has been embracing new regulatory changes recently as it gradually liberalises its economy. This includes its telecoms sector which it has opened up for foreign telcos. In June, Ooredo and Telenor beat out more than 10 other shortlisted telcos to win two telecommunications licences.

Earlier in November, a law protecting intellectual property was drafted following discussions with local and international experts on copyright, trademarks and industrial design.

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