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

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