International software company Luxoft sets up office in Penang

Certificate presentation: Malaysia Digital Economy Corp chief operating officer Datuk Ng Wan Peng (left) presenting the Multimedia Super Corridor Malaysia status certificate to Dmitriy Loschinin during the launch of Luxoft’s centre of excellence in Penang yesterday. The event was was witnessed by Lim.

GEORGE TOWN: International software company Luxoft has set up an office in Penang. It will invest RM235mil investment in human capital and technology for the first five years.

The locals will be able to benefit from the expected 500 job opportunities in IT and software development engineers that the company will create. Luxoft president and chief executive officer Dmitriy Loschinin said Penang was a strategic choice for the global brand.