ID :
19150
Fri, 09/12/2008 - 11:44
Auther :
Shortlink :
https://oananews.org//node/19150
The shortlink copeid
REVENUE OF MSC MALAYSIA COMPANIES UP RM17 BILLION IN 2007, SAYS ABDULLAH
PUTRAJAYA, Sept 11 (Bernama) - Prime Minister Abdullah Ahmad Badawi is pleased with the progress of MSC Malaysia which currently houses 2,170 MSC Malaysia-status companies, up 19 percent from 2006.
The revenue generated by MSC Malaysia status companies last year shot up to
RM17 billion, an increase of more than 30 percent compared with 2006, said
Abdullah, who is the chairman of MSC Malaysia Implementation Council.
These companies have also created about 97,000 jobs.
He said MSC Malaysia would continue to see the inflow of foreign direct
investment, which increased by 20 percent between 2006 and 2007.
"Export figures for 2007 are reported to exceed RM5.5 billion," said
Abdullah in his opening speech at the 20th MSC Malaysia Implementation Council
Meeting at the Prime Minister's office here Thursday.
Also present were his deputy Najib Tun Razak and MDEC chief
executive officer, Badlisham Ghazali.
The prime minister said Malaysian companies contributed about RM1.4
billion
to the export figure, indicating that the local MSC Malaysia companies were
competing and winning deals in the global markets.
"We should be proud of MSC Malaysia's success thus far. More can and
should be done," he said, adding that a truly global brand should emerge from
the MSC homegrown companies.
He said the government would continue to assist the homegrown ICT
entrepreneurs going beyond Malaysia's shores and competing with global
companies.
"We need global icon that students and budding entrepreneurs can look up to
emulate.
"Therefore I look forward to discussing the proposal on nurturing local ICT
companies that MDEC will be tabling today," he said.
Abdullah said while MSC Malaysia has successfully built a vibrant ICT
industry, the scope of ICT development would have to expand beyond the original
boundaries of attracting FDI.
He said the recent World Congress on IT (WCIT 2008) held in Kuala
Lumpur, had clearly placed Malaysia on the ICT world map.
"This is the true measure of WICT success, that it managed to change
the perception of our ICT capability.
"And now our challenge must to be continue to build on the success achieved
during this "Olympics of ICT"," he said.
The revenue generated by MSC Malaysia status companies last year shot up to
RM17 billion, an increase of more than 30 percent compared with 2006, said
Abdullah, who is the chairman of MSC Malaysia Implementation Council.
These companies have also created about 97,000 jobs.
He said MSC Malaysia would continue to see the inflow of foreign direct
investment, which increased by 20 percent between 2006 and 2007.
"Export figures for 2007 are reported to exceed RM5.5 billion," said
Abdullah in his opening speech at the 20th MSC Malaysia Implementation Council
Meeting at the Prime Minister's office here Thursday.
Also present were his deputy Najib Tun Razak and MDEC chief
executive officer, Badlisham Ghazali.
The prime minister said Malaysian companies contributed about RM1.4
billion
to the export figure, indicating that the local MSC Malaysia companies were
competing and winning deals in the global markets.
"We should be proud of MSC Malaysia's success thus far. More can and
should be done," he said, adding that a truly global brand should emerge from
the MSC homegrown companies.
He said the government would continue to assist the homegrown ICT
entrepreneurs going beyond Malaysia's shores and competing with global
companies.
"We need global icon that students and budding entrepreneurs can look up to
emulate.
"Therefore I look forward to discussing the proposal on nurturing local ICT
companies that MDEC will be tabling today," he said.
Abdullah said while MSC Malaysia has successfully built a vibrant ICT
industry, the scope of ICT development would have to expand beyond the original
boundaries of attracting FDI.
He said the recent World Congress on IT (WCIT 2008) held in Kuala
Lumpur, had clearly placed Malaysia on the ICT world map.
"This is the true measure of WICT success, that it managed to change
the perception of our ICT capability.
"And now our challenge must to be continue to build on the success achieved
during this "Olympics of ICT"," he said.
