HeiTech Padu explores role in Myanmar technology hub project
Participation in Yadanapon Cyber City remains exploratory and would require further evaluation, agreement and approvals.
Heitech Padu Bhd is assessing whether to take part in Myanmar’s Yadanapon Cyber City project, with the company identifying possible applications for its technology expertise in the proposed development.
The company said its capabilities in government technology solutions, digital infrastructure and systems integration could support Myanmar’s digital development agenda. The planned hub aims to draw foreign investment and develop industries spanning ICT, artificial intelligence (AI) and electronics manufacturing.
HeiTech Padu said discussions were still exploratory. Any involvement would depend on additional commercial and technical assessments, agreement between the parties, and the necessary corporate and regulatory approvals.
The company linked its interest to earlier contact with Myanmar stakeholders. These included talks with Diamond Palace Group of Companies in 2024, with discussions resuming in September and October 2026.
Group CEO Syed Omar Albar Syed Abdullah said further talks with relevant stakeholders would help the company understand the opportunities and assess how it could contribute.
HeiTech Padu shares closed at 89.5 sen after gaining five sen or 5.92%, giving the company a market value of RM145.01 million.
