Govt, LICA to power up digital economy in Laos with MOU signing

The Ministry of Technology and Communications (MTC) and the Lao ICT Commerce Association (LICA) signed a Memorandum of Understanding (MOU) on September 29 to promote Lao startup ecosystems and innovative entrepreneurship.
Other goals are to create relevant policy related to digital zones and new innovations as well as to be a dots connector for all stakeholders in the creation of innovation and building digital talents.

The MOU was signed by the Director General of the Planning and Cooperation Department, MTC, Mr Phoukhong Chithoublok, and the President of LICA, Mr Thanousone Phonamat.
Although the MOU has only recently been signed, LICA and the MTC have already embarked on a long list of activities and programmes that have been successfully and sustainably jointly implemented. These include:
- Contributing to the draft of the National Digital Economy Plan (2021-2025)
- Lao Digital Forum

- Lao ICT Expo
- Competitions, seminars and workshops.
The Lao ICT Commerce Association is a business association registered under the Lao National Chamber of Commerce and Industry and is directly supervised by the Ministry of Technology and Communications.
LICA gathers experts, professional individuals and businesses in the field of ICT, digital technology, software, hardware, Internet Service Providers and innovative entrepreneurs.
LICA’s vision is to be a national organisation that locally and internationally integrates the use of digital technology and innovation to leapfrog the sustainability of the socio-economic development of Laos.

The Association was established in August 2005 with the intention to build ICT and digital ecosystems in Laos.
Apart from the Ministry of Technology and Communications, LICA works with many other stakeholders through the MOU such as the Bank of the Lao PDR, SME Centers in Vientiane and the provinces of Champassak, Savannakhet and Luang Prabang, international organisations and private companies.
LICA Board Management (2020-2023) is considered to be a dream team for the Lao digital business sector, including Mr Thanousone Phonamat (President), Mr Alivan Sithara, Ms Souphpahone Souannavong, Mr Virasack Viravong, Ms Kingkeo Douangsavanh, Mr Keovisouk Dalasane, Ms Bouphamany Chounramany and Mr Souliyo Vongdala.
LICA’s office is located at the entrance to the Lao National Chamber of Commerce and Industry at Km5 on Kaysone Phomvihane Road.
LICA can be followed on Facebook (Lao ICT Commerce Association).

By Advertorial Desk
  (Latest Update October 11, 2021)