The Japanese government has agreed to offer Myanmar 10.5 billion yen ($102.6 million) worth of loans to improve its telecom infrastructure.
Japan's foreign minister offered low interest loans to his Myanmar counterpart during last week's ASEAN meeting in Naypyitaw, Myanmar, the Japan Timesreported.
The funds have been offered to help the country improve its network infrastructure linking major cities and help meet demand for internet access and mobile telephony.
In particular, Mynamar plans to improve its connectivity in Yangon, Mandalay and capital Naypyitaw, and boost internet access in largest city Yangon.
As part of the co-operation between the countries, Myanmar has agreed to grant Japanese businessmen 12 month, multiple-entry visas.
Last month Japanese operator KDDI and Sumitomo secured a deal to team up with state-owned operator Myanmar Posts and Telecom to provide fixed and mobile services in the nation.
The first of the two foreign operators licensed to offer nationwide telecom services in Myanmar – Ooredoo – meanwhile switched on its 3G network earlier this month, ahead of a planned commercial launch on Friday. Telenor Myanmar intends to launch commercial services next month.