Introducing MSC Malaysia Cybercentre roles and criteria to drive the uptake of Information and Communication Technology (ICT) sector
MSC Malaysia is the gateway to growing profits in Asia’s booming ICT markets. Modeled to be a world-class hub for development and nurturing of the nation’s ICT industry, it gives you the best of first-world knowledge and infrastructure, at developing-nation costs.
Since its inception in 1996, the MSC Malaysia initiative has shown results that have exceeded expectations. In the Phase 2 rolled out between 2004 to 2010, MSC Malaysia contributed RM34.57 billion to the nation’s GDP, the figure is generated by good initiation stage emphasizing on visioning and physical infrastructure in Phase 1. Now, the Phase 3 scheduled until 2020 run in tandem with 10th Malaysian Plan is built on the foundation and successes achieved under Phase 1 and 2.
MSC Malaysia Cybercentres, serve as the physical location and environment to catalyse and support the growth of ICT and ICT-enabled industries. This helps the government’s ETP in the creation of knowledge-based jobs.The recent statistics shows that MSC Malaysia created 111,367 high-value jobs with average net salary of RM4,385 per month, 137%higher than the global pay scale. Focused, reliable and trusted one- stop centre is readily available to attend to enquires, complaints, suggestions and feedbacks. All these make it an ideal location for investments and business activities.
MSC Cybercentre’s major role is to provide a conducive environment and ecosystem that can attract and house major ICT players, house and nurture local ICT and MSC Malaysia Status companies to become global players. On the Shared Services Outsourcing (SSO) side, MSC Malaysia’s SSO sub-sector contributed 220 companies as of 2011. The Cybercentre also acts as a delivery partner of Multimedia Development Corporation (MDeC) and the Government of Malaysia on the delivery of MSC Malaysia Bills of Guarantees (BoG) to MSC Malaysia Status companies.
To date, there are 12 MSC Cybercentres in scattered locations within Klang Valley. Each building offers its own unique value proposition that feature different strength and niche area in ICT. These features will be the main focus for the Incubation Centre for MSC Malaysia companies and usually also represents their anchor tenant. Some buildings are existing buildings that have been upgraded and refurbished while the others are new buildings constructed specifically according to the criteria and specification that meets the eligibility requirements.
Those buildings also needed to comply with the Performance Standard set by MDeC to ensure the Performance Guarantees towards providing high level of service delivery to its tenant.
As a conclusion, MPI sees MSC Malaysia as a value-added that will drive Malaysian commercial property market especially in Kuala Lumpur against negative perception due to a temporary oversupply and rental rate compression.
Next Issue: How MPI can facilitate foreign companies to obtain a MSC Cybercentre status?
This article have been published in MPI Property Quotient; Issue 2, 2012
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