msc malaysia technology companies underline world class competencies and regional expansion in the run up to gitex 2007
Middle East a key area for growth for Malaysian tech firms as the region looks to spearhead economic development over the coming years
Malaysian technology companies, via MSC Malaysia, are signaling their intention to capture a larger share of the ICT market in the Middle East, with a strong showing at Gitex 2007, to be held from September 8 to 12 at the Dubai World Trade Centre.
MSC Malaysia, the Malaysian Government’s ICT initiative has strengthened its position in the global arena especially in the Middle East by providing businesses with cost efficient cutting-edge world-class total solutions.
Underlining their international expertise and understanding of regional market conditions, a number of Malaysian technology companies have already succeeded in establishing themselves locally.
Over a dozen MSC Malaysia status companies have or are in the process of setting up local operations over the last twelve months including security solutions provider SCAN Associates, systems integrator MSC Management Services, independent healthcare software vendor GCI MSC, education services provider and developer Custommedia, wireless technology provider Green Packet Berhad, and virtual city developer Safa Rayaneh MSC.
“As a country that has undergone a rapid transformation to a knowledge-based economy, Malaysia understands the requirements of countries in the Middle East from experience,” said Malaysian Development Corporation (MDeC) General Manager Fairuzzudin Nasron.
“One of our strategic objectives from the beginning of our inception has been to leverage on our expertise and human capital for the benefit of regions such as the Middle East, so that they can develop their own resources more effectively through the use of Malaysia’s world class technology,” he said.
Viewed favourably by multinational corporations for its competitiveness in the global arena, Malaysia was recently ranked in the top three of the services and outsourcing industry worldwide by a number of consultancy firms, including AT Kearney and Frost and Sullivan.
“Asia Pacific is a premier location for offshoring activities. Malaysia has and will continue to be a top choice for offshoring in the IT space to companies in the Middle East. Progressive government policies and efforts in offering a world-class environment and attractive incentives through special zones such as the MSc Malaysia will continue to attract business from around the globe,” added Nasron.
“The Middle East in general and countries such as the UAE and Saudi Arabia in particular, have become centres of innovation and development in the technology space. Participation in Gitex 2007 will open the doors for greater opportunities, and enable our more MSC status companies to establish themselves in the Middle East region. We look forward to presenting potential partners and customers with the latest technology, services and products that Malaysia has to offer,” he concluded.
