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MDeC announces MSC Malaysia Phase 3

AvantiKumar | April 22, 2011
Malaysian government ICT agency MDeC expects to increase ICT revenue contribution to almost US$14 billion by 2015.

"MSC Malaysia Phase 3 builds on the foundation and successes achieved under Phases 1 and 2," said Badlisham.  "Beyond contributing RM34.7 billion [US$11.5 billion] to the GDP over the Phase 2 period, MSC Malaysia also achieved milestones such as a cumulative revenue of RM103.8 billion [US$34.43 billion], which exceeded the initial estimates of RM69 billion [US$22.89 billion] by 50 per cent, the creation of 111,367 knowledge-based jobs, surpassing RMK9 [Ninth Malaysian Plan] projections of 100,000 jobs by 11 per cent, while registering 7,666 new IPs."

"Based on our strong showing in both Phases 1 and 2, we believe that MSC Malaysia will see even bigger successes in Phase 3." he said.  "Moving forward, the new digital world while throwing up many challenges, offers a host of opportunities that we hope to help Malaysia take advantage of."

 

 

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