KUALA LUMPUR: Multimedia Development Corporation (MDeC) aims to widen its global presence in Bangalore, India, one of the worlds fastest-growing information, communications and technology (ICT) market.
Minister of Science, Technology and Innovation Datuk Seri Dr Jamaludin Jarjis, will open MDeCs third international representative office in Bangalore on Nov 8.
MDeC chief executive officer, Badlisham Ghazali, said the establishment of the representative offices was crucial in Malaysias endeavour to become a global ICT hub.
They will help to attract foreign direct investments and provide a platform for Malaysian ICT companies to venture abroad, he said.
The Bangalore office would also strengthen the Mutimedia Super Corridors (MSC) international presence by helping MSC-status companies pursue business opportunities overseas, Badlisham said.
It will play a significant role in promoting MSCs products and services, provide market access to MSC-status companies, arrange business-to-business matching services, and exchange of ICT development information between the MSC and Bangalore.
As the second-most populous nation in the world after China, India offers tremendous market potential for Malaysian ICT companies who are keen to expand their businesses in India, he said.
MDeC had in 2004 opened international representative offices in Dalian, China, and Jeddah, Saudi Arabia, to leverage on the growing ICT markets in China and West Asia.
He also said the opening of the office was timely as Malaysia would be hosting the World Congress on Information Technology (WCIT) in May 2008.
Asian participants are expected to make up the bulk at WCIT, dubbed the Olympics of IT, he said.
Bangalore, often referred to as the Silicon Valley of India, is home to about 1,600 IT companies, of which 622 are multinational corporations.These companies account for more than one third of Indias total software exports. More than 200,000 people are employed in the IT and business process outsourcing activities based in Bangalore. Bernama
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