Multimedia Development Corp (MDeC) expects MSC Malaysia to continue its strong momentum this year by focusing more on attracting strategic value investors.

MDeC Chief Executive Officer Datuk Badlisham Ghazali said the corporation was looking at investments that could offer knowledge process outsourcing (KPO), high value job creation and building strong platforms moving forward.

Badlisham said on average MSC Malaysia attracted between RM1.5 billion and RM2 billion worth of investments.

In terms of distribution, 76 per cent out of this comprised domestic driven investment while 24 per cent was foreign direct investment.

In 2012, MSC Malaysia’s revenue stood at RM33.53 billion, an increase of 5.7 per cent from 2011. Exports grew to RM11.6 billion, reflecting a 14 per cent rise from the previous year.

With these results, MSC Malaysia’s contribution to gross domestic product stood at RM11.3 billion, recording a significant double-digit growth of 18 per cent from 2011.

As for job creation, 9,712 jobs were created last year which represented a 28 per cent growth over 2011, bringing the total number of jobs created since its inception to 128,850.

Moving forward, he said the agency would focus more on driving the local ICT sector such as enhancing the quality of Malaysian content development, increase market access targeted at key emerging Southeast Asian market through ‘stacking’ approach, funding ecosystem and attract investment in the fields of KPO, big data and e-publishing.


Please enter your comment!
Please enter your name here