Malaysia pumps up global technology ambitions
AFP, September, 2004
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PUTRAJAYA, Malaysia (AFP) — Malaysia has entered the second phase of its ambitious drive to become a global technology player, with new Prime Minister Abdullah Ahmad Badawi outlining a more focused strategy for its hi-tech hub to compete with Asian rivals.
The Multimedia Super Corridor (MSC), launched from scratch eight years ago as Malaysia's answer to California's Silicon Valley, has encountered problems along the way but succeeded in positioning Malaysia as an offshore support center for US and other companies' technology needs.
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The government now plans to build on the gains made by the outsourcing industry and focus on developing creative multimedia content and mobile applications, as well as promoting biotechnology to set the MSC apart from its competitors in Asia's information technology (IT) race.
The target is to have 250 world-class companies and revenues of 69 billion ringgit (18.16 billion dollars) in the special zone ...
