YANGON, Dec. 29 (Xinhua) -- China's Huawei telecommunications company and Myanmar's Rectors' committee signed a Memorandum of Understanding (MoU) on Saturday for ICT talent development under the management of the Education Ministry.

The agreement covers cooperation on establishing ICT diploma course system, sponsoring "Seeds for the Future" program, establishing the Huawei Authorized Information and Network Academy, providing ICT Talent Scholarship to outstanding university students, organizing the Youth Open Day at Huawei Customer Solution Innovation and Integration Center as well as assisting in ICT related scientific research in Myanmar.

"We appreciate and thank Huawei for the efforts and contributions to Myanmar ICT development. Establishing collaborative partnerships both national and internationally is one of the main approaches which support the development of regional universities," Dr. Myo Kywe, chairman of National Education Policy Commission, told the event.

The MoU is an elevated version of the previous one which was signed in 2014 and over 1,500 ICT talents have been trained under the program in the past four years.

Zhang Liman, CEO of Huawei Myanmar, called for cooperation from other organizations and individuals in promoting Myanmar's human resources development as well as the sustainable economic and social development.

Following the signing ceremony, a total of 50 outstanding students from technological and computer universities across the country were awarded 1,000 U.S. dollars each as part of the ICT Talent Scholarship initiative.