Overview
The Malaysian government in 1996, invested heavily in creating the Multimedia Super Corridor ( MSC ) to attract domestic and foreign investors to its ICT industry. The MSC currently serves as the backbone of the ICT infrastructure in the country and is supported by a high-speed link that connects it to Japan, the ASEAN countries, USA and Europe.
For the period 2005 -2010, ICT expenditure in Malaysia is expected to grow at a Compounded Annual Growth Rate of over 10 percent. By 2010, International Data Corporation forecasted that ICT expenditure in Malaysia will reach RM22 billion. The development and widespread usage of ICT are central to the realisation of Vision 2020 of a knowledge based economy. ICT usage has improved efficiencies among the Malaysian enterprises and has also directly increases Malaysia’s competitiveness in the global economy. Digitalization enables the convergence of the computer, telecommunications and consumer segments. The computing segment is the largest application segment for semiconductor consumption in Asia while communications and consumer applications are the fastest growing segments.
Malaysia has been ranked globally, as the third most favoured location for outsourcing of business processes. Malaysian ICT companies are capable of a wide range of services worldwide, including in the areas of;
- mobile and wireless communication
- business application software development
- internet-based business applications in the financial sector
- digital content development
- e-commerce for networking and outsourcing
- bio-informatics and
- e-government
Malaysia has and will continue to be a top choice for off-shoring in the IT space to companies in the West Asia. Progressive Government policies and efforts in offering a world-class environment and attractive incentives through special zones will continue to attract business from around the globe.
As at 31 December 2007, a total of 1,994 companies were granted MSC Status Companies by the Multimedia Development Corporation Sdn. Bhd. The 1,994 companies are grouped into 6 main technologies namely creative multimedia, internet-based business, shared services and outsourcing, application software and mobility embedded hardware & software (MeSH), and institutions of higher learning.
Useful Websites
- Malaysian Communications and Multimedia Commission at http://www.mcmc.gov.my
- Multimedia Development Corporation Sdn Bhd at http://www.msc.com.my
- Association of the Computer and Multimedia Industry Malaysia at http://www.pikom.org.my
Contact
Feedback and query are welcomed. Please contact Arieff Aaron Abdullah at aaron@matrade.gov.my or 03-6207 7132 / Nur Azni Aziz at nurazni@matrade.gov.my or 03-6207 7139 / Zaimah Osman at zaimah@matrade.gov.my or 03-6207 713
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