9MP: Govt wants to draw ICT players to M’sia

  • Business
  • Saturday, 01 Apr 2006

PETALING JAYA: Under the 9MP, the Government clearly stated its desire to improve on measures to make Malaysia the choice destination for information and communications technology (ICT)-based investments. 

It also emphasised the country's potential as a global player in the shared services and outsourcing (SSO) industry. 

In strengthening the development and adoption of ICT among the small and medium-scale enterprises (SME), the Government said it would enhance financing sources and fund programmes as well as strengthen existing ones. 

Jeffrey Raj, chief executive officer of Cuzzy Advanced Convergence Laboratories Sdn Bhd, said: “Foreign SMEs have shown interest in outsourcing their activities to SMEs in Malaysia. These opportunities would be realised with the improved financing and market access under 9MP.” 

The Association of the Computer and Multimedia Industry of Malaysia (Pikom) said it was confident the ICT industry would continue to enjoy double-digit growth annually throughout the 9MP. Chairman Lee Boon Kok has forecast a 12% growth for the local ICT sector this year. 

“The biggest boost for ICT funds is the emphasis given to the computerisation of Government agencies. This will improve processes and lead to greater efficiency in the public sector,” he said.  

Intel Electronics (M) Sdn Bhd managing director for assembly and test K.C. Yoon said: “The 9MP reinforces Malaysia's ability to increase its competitive edge by moving up the value chain to high technology and knowledge-intensive economic activities beyond manufacturing.” 

IBM Malaysia Sdn Bhd managing director Voon Seng Chuan said the company was keen to support the development of Malaysia into an international SSO hub by investing in its regional operations. “In doing so, we are well positioned to transfer best practices and skilled expertise to Malaysia,” he added. 

Microsoft (M) Sdn Bhd managing director Butt Wai Choon commended the Government's efforts in promoting personal computer ownership among first time buyers and the lower income groups. 

He said: “The added boost to the One Home One PC initiative, coupled with cost-effective broadband availability, will certainly drive Malaysia's knowledge economy.” 

The Multimedia Super Corridor (MSC) will focus on the development of corridor networks, encompassing the existing three cyber cities and also the setting up of four new cyber centres. 

The Government also said it would develop new fields such as the local digital content industry and bio-informatics, the convergence of biotechnology and ICT, and at the same time, pay special attention in promoting “e-dagang” (electronic commerce). 

Biotechnology also took the limelight in the 9MP, especially as a new source of wealth creation. With an allocation of RM2bil and special incentive packages for companies holding 'Bio-Nexus' status, the Government aims to turn biotechnology into a new driver of economic growth. 

The Government said sectors such as agriculture, healthcare, industrial activities and bio-informatics would benefit from biotechnology. 

It has made a commitment to support the development of biotechnology through better investment regulatory framework, improved funding, increased commercialisation of research and development (R&D), greater skilled biotechnology workforce as well as attracting foreign R&D partners. 

Ninth Malaysia Plan Links 

Click here for the full text of the Prime Minister's speech on the Ninth Malaysia Plan to Parliament. 

Click here for the full text of the Ninth Malaysia Plan. 

Read our Special Report on the Ninth Malaysia Plan here.

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