Pikom aims for RM80bil revenue in ICT industry by 2015


KUALA LUMPUR: The Association of the Computer and Multimedia Industry of Malaysia (Pikom) is targeting RM80bil in revenue annually in the information and communications technology (ICT) industry by 2015.

“The target of transforming the ICT industry to an RM80bil industry is one of the goals under Pikom’s five-year plan, which started from this year,” said its chairman Wei Chuan Beng.

The plan has been revised from the previous five-year plan, which started from 2008, he said at a press conference here yesterday.

Previously, the plan targeted to grow the ICT industry from an RM40bil industry to RM80bil by the end of 2012, increasing contribution to the country’s gross domestic product (GDP) to 10% from 7%.

Wei said the ICT industry recorded a 7% sales growth in 2008 but affected by the economic downturn, it could achieve only a 5% sales growth with RM45bil revenue last year.

“So that is the reason why we revised the previous five-year plan and worked out a new one,” he said.

Pikom is eyeing an 8% growth in the ICT industry this year, to be followed by a 10% growth annually between 2010 and 2013, 11% for 2014 and 12% for 2015.

This year, the association is also focusing on organising a series of talks and seminars, including the Business Success with ICT series which aims to create awareness on the implementation of ICT in small and medium enterprises (SMEs).

“Being the backbone of the country’s economy, somehow the SMEs are not able to reach out to the world. Thus, through these seminars, the SMEs will have a clear idea on the technology and global trends,” Wei said.

He said the programme is targeting a total of 3,000 participants from various companies at 15 seminars throughout the country. — Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
   

Did you find this article insightful?

Yes
No

Next In Tech News

Facebook removes Thai military-linked information influencing accounts
Explainer: How brands will target ads to you after the death of browser cookies
Parler sues Amazon again, after dropping original lawsuit
Google won't use other web tracking tools after phasing out cookies
European telcos cash in on tower assets as high-cost 5G investment looms
Emerging Europe.com bolsters defences as Amazon enters Poland
Labour rights issue at forefront of Spain’s gig economy with potential regulation
Musk floats ‘Starbase’ name change for Texas launch town
Number of Germany's electric vehicle charge points rise 10% since December
Air-taxi startup Volocopter boosts funds in race to get flying

Stories You'll Enjoy


Vouchers