World Economic Forum East Asia in Myanmar

 

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Intel recently participated in the 22nd World Economic Forum on East Asia (WEF EA) which was held in Nay Pyi Taw, Myanmar. The event was the first leading international gathering of senior decision-makers from industry, government, academia and civil society to be held in Myanmar following a series of bold economic and political reforms. The theme of this year’s WEF EA was, Courageous Transformation for Inclusion and Integration.  The delegation of executives from Intel participated in a variety of events and discussions with the attendees from multiple sectors to illustrate how education, technology, innovation, and social responsibility are critical to helping developing nations achieve the goal that the WEF describes as “Improving the State of the World.”

The event being held in Myanmar is significant because the country will assume the chairmanship of the Association of Southeast Asian Nations (ASEAN) in 2014, giving it a critical role in guiding the bloc’s 10 member countries towards planned economic integration in 2015.  With SEA being both a significant market and supply region for multiple industries, the WEF EA provided value not only to participants from the ASEAN region, but also to those countries outside the ASEAN community which have important geopolitical and geo-economic interest of the region.

At the event, as an example of Intel’s  support for development and innovation in the region, Arvind Sodhani, President, Intel Capital and Executive Vice President, announced a $16 Million investment in three Asian companies: India’s Bright Lifecare Private Ltd., a premier distributor for nutrition & health and wellness products, Snapdeal.com, a leading online marketplace, and a follow on investment in Singapore’s Reebonz.com- one of the largest private sales e-commerce groups in Asia for luxury goods.

(Intel Capital announced a USD 16 Million investment)

John Davies, VP, Sales and Marketing and General Manager, World Ahead met with the Minister of Communications & IT and the Minister of Science & Technology to discuss telecommunications policy, broadband, and the creation of a Universal Service Fund in Myanmar.

Among the highlights of Intel’s participating in the WEF event was a private meeting with the chairperson of the National League for Democracy, and Nobel Peace Prize winner, Aung San Suu Kyi.  The conversation covered a wide range of topics related to the development needs of Myanmar, including the skills that the population needs as the country continues to open to the world and further integrate into the ASEAN community.

Aung San Suu Kyi with Intel Team

Aung San Suu Kyi with Intel Team
(Left to Right: Abdul Rahman Abu Haniffa, Anjan Ghosh, Aung San Suu Kyi, Shelly Esque)

The Intel team also met with the Prime Minister of Vietnam, Nguyen Tan Dung to discuss progress of our operations in Vietnam.

Shelly Esque, President, Intel Foundation, participated in a panel with governments, NGO’s, and academia on “Gender Mainstreaming” at the conference, and showed a segment of the film ‘Girl Rising’.  Shelly highlighted Intel’s focus on improving education as a whole and discussed the impact that many of our programs are having on the ground to empower women and girls across the region, and around the world.

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