ID :
43441
Fri, 01/30/2009 - 21:46
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MDEC HIGHLIGHTS NEW OPPORTUNITIES IN MSC MALAYSIA

KUALA LUMPUR, Jan 30 (Bernama) - The driver of MSC Malaysia, Multimedia Development Corporation (MDeC) sees new opportunities for the development of the corridor going forward amid gloomy global economic conditions.

"There are a few reasons why we are optimistic. Malaysia is still a
developing country. As far as the usage of IT (information technology) services,
it is still relatively low. The use is still lagging behind," chief executive
officer Datuk Badlisham Ghazali said at a media session Friday.

"It is actually a positive situation. It means there are more opportunities
to use ICT (information and communication technology) services as companies
pursue more productivity and look for more cost efficiency, as ways of doing
business."

He added that as global and local companies look to reduce cost
operationally around the world, "existing customers are now accelerating a lot
of their off-shoring capabilities to centres that they already built especially
in Malaysia."

He said that MDeC have spoken to some multinational companies (MNCs)
here such as HP and IBM and "they are on accelerated path for more people coming
on board because they want to accelerate the use of more technology and more
capability in Malaysia to serve their global clients even more, today."

Badlisham said opportunities were also coming from foreign clients who have
not even considered Malaysia before, but "are now considering Malaysia because
of the pressure of their economic conditions."

"These may not be the larger types but kind of good as well. They are small
and medium foreign investors now accelerating the investigation about setting up
centres here," he revealed.

According to Badlisham, MSC Malaysia-status companies chalked up a 21
percent higher revenue last year to about RM17 billion (US$4.7 billion).

Of the 2,248 MSC-status companies, 250 were granted the status last year.
Badlisham said exports also grew even faster to RM5.7 billion (US$1.58 billion),
indicating not only the opportunities companies are getting but also the success
in overseas market.

At the end of last year, there were almost 80,000 people working in
MSC-Status companies reflecting growth in terms of new employment.

He said that there were over 1,500 job opportunities still available at
the corridor.

In grabbing potential opportunities during the slower economic
environment, Badlisham said MDeC planned to put forward to the government to
look at a net increase of almost 5,000 new jobs at MSC Malaysia through several
strategies.

This is still under discussion and they will be rolled out for economic
activity but more importantly for providing jobs, he said.

Badlisham said MDeC would propose to the government to offer packages to
attract both foreign and domestic companies to set up smaller outsourcing
companies in Malaysia.

"In the past, we announced people like HP and Dell, the bigger names that
come in almost with 5,000 workers. Our added strategies are to entice people
who are looking to set up about 50 seeds in Malaysia."

MDeC also plans to increase the creation of multimedia and digital products
as High Speed Broadband (HSBB) would help speed up the activities.

The corporation is encouraging the government to look at accelerating their
electronic e-enablement program as well.

The government services will deliver services more efficiently while
creating opportunities for entrepreneurs to participate in the e-enablement
programmes, he said.

Badlisham further said MDeC is also talking to different agencies for the
"e-enablement" of the Small Medium Enterprises (SMEs).

He said by making the usage of ICT in SMEs, they will be more cost
efficient. -- BERNAMA


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