Technology Innovators Showcase Malaysian Silicon Valley's Potential At GITEX 2011

DUBAI, Unites Arab Emirates, October 10, 2011 /PRNewswire/ --

Delegation of small and medium enterprises from Malaysia gives GITEX visitors a preview of business and investment opportunities in Cyberjaya - Malaysia's premier cybercity  

Visitors at this year's GITEX 2011 will have the opportunity to explore the business investment possibilities available at Cyberjaya, "Malaysia's Silicon Valley" and the gateway to ASEAN's ICT, multimedia and services offerings.

This is made possible as Cyberview Sdn. Bhd., Cyberjaya's landowner and entity responsible for spearheading development in Cyberjaya, will lead a delegation of three small and medium enterprises (SMEs) at GITEX 2011 with a solid display of business and commercial solutions produced in Malaysia.

The three SMEs are Infindo Tech, an innovative provider of application management solutions for the mobile communications industry; WMS Media, a pioneer in online marketing using real-time communication such as its SBox Smart TV (SSTV) "all-in-one" online TV system; and Intuittech - the largest and award-winning provider of Asterisk and Nagios networking solutions in Southeast Asia.

According to Mr. Ir. Hafidz Hashim, Managing Director of Cyberview Sdn. Bhd., Cyberview's third consecutive participation in GITEX will continue its momentum in forging partnerships with potential investors and establish the presence of its SME tenants' offerings in the international market.

"Being the preferred address for ICT, multimedia and innovation companies in Malaysia and Malaysia's first Multimedia Super Corridor (MSC) international cybercity, Cyberjaya seeks to become the regional growth engine for global innovation, multimedia development, creative content generation, and shared services outsourcing," said En. Ir. Hafidz Hashim.

"Our involvement in GITEX will allow us to showcase business and investment opportunities in our growing ecosystem, supporting services and infrastructure, and we look forward to welcoming more companies into Cyberjaya to set up operations or collaborate with existing companies," he added.

SMEs play a big role in Malaysia's economy, contributing about 31 percent to GDP, 56 percent to the workforce and account for 19 percent of total export.

In Cyberjaya, technology-centric SMEs are nurtured under the SME Technopreneur Centre clusters and enjoy the support of Malaysia's Multimedia Development Corporation (MDeC) and Cyberview's own Resource Support Services Centre (RSSC), both of which provide these technological start-ups with global networking opportunities and business support.

Cyberview is currently home to more than 500 Malaysian and global technology companies including Hewlett Packard (HP), DELL, Fujitsu, Motorola, AMD, DHL, KPMG, HSBC, Nokia, Shell, BMW, and Ericsson.

Into its 31st year, the theme for this year's GITEX technology week is "Redefine the Future", which is underscored by the flux of ICT, services and creative content exports and offerings produced by Cyberjaya for the global market. Cyberjaya's diverse range of exports range from global services from Shell, research and development (R&D) in BMW, Hollywood film effects and animation from Rhythm+Hues, to regional support such in HP and AMD's Cyberjaya operations.

Cyberjaya is the core of Malaysia's Multimedia Super Corridor (MSC Malaysia), a gateway to Asia's booming ICT markets that offers the best of first-world knowledge and infrastructure at developing-nation costs. MSC Malaysia is a designated zone where technology entrepreneurs and global multinationals alike enjoy attractive tax breaks, access to world-class human capital, high-speed internet facilities and proximity to Malaysia's administrative and commerce centres.

Cyberjaya is also strategically located at the centre of the Klang Valley, just 20 minutes from the Kuala Lumpur International Airport and boasts connectivity to major highways and thoroughfares in the Klang Valley.

As the landowner of Cyberjaya, Cyberview is mandated to spearhead the development of the premier cybercity, provide end-to-end conducive and business friendly ecosystems for businesses and to facilitate both local and international investments to grow, coupled with strong business acumen and results that speak for themselves.

In 2010 Cyberview attracted a total investment value of MYR 3.19 billion (USD 1 billion), representing more than a third of the cybercity's total investment value since its inception. This was also due in part to the successful development of AMD, Shell and HP's regional operations centres, the MSC Malaysia Knowledge Workers Development Institute, SME Technopreneur Centre 3, residential, institutional and enterprise developments.

Apart from its core roles as landowner and development spearhead, Cyberview aspires to strengthen key Malaysian government initiatives towards key economic and development programmes by driving inward local and foreign investment, developing skilled workers and talent, and nurturing creative economies in Malaysia via Cyberjaya's thriving content creation and multimedia industries.

Today, Cyberjaya is a planned cybercity consisting of incubators, enterprise development, burgeoning residential areas, commercial outlets, learning institutions and other public amenities, affirming the transformation of Cyberjaya from a business destination to a full-fledged, comprehensive township meant to nurture and accelerate the growth of its tenants.

With other government initiatives including the liberalisation of Malaysia's sub services sectors, Malaysia being among the top three global choices for outsourcing, tax incentives for investors, a thriving ICT sector, a hub for Islamic banking and the world's largest sukuk market, Malaysia is fast becoming one of the most competitive nations for Middle Eastern investment in the Asian region.

Malaysia's attractiveness as an investment destination to the United Arab Emirates was highlighted last year by Abu Dhabi's billion-dollar ventures in Malaysian property and aluminium, via its investment unit Mubadala Development Co. At the agreement signing with Malaysian Prime Minister Datuk Seri Najib Tun Razak, Mubadala chief executive officer and managing director Khaldoon Khalifia Al Mubarak said that Abu Dhabi viewed Malaysia as an ideal investment platform linking the emirate to the Southeast Asian region.

The UAE is also the first country in the Middle East where Malaysia has established a trade centre. Trade between the Gulf Cooperation Council (GCC) nations and Malaysia reached USD 11 billion and is expected to increase this year following the signing of a framework agreement on economic, commercial, investment and technical cooperation between Malaysia and the GCC in Abu Dhabi in January, which is seen as a precursor to a free trade agreement between Malaysia and the GCC nations.

"According to a 2011 report from the Malaysia External Trade Development Corporation, trade between UAE and Malaysia in particular amounted to USD 6.41 billion alone. This underscores Malaysia's position as a competitive destination for UAE's offshore international operations, where we hope Cyberjaya to be a prime example," said En. Ir. Hafidz.

Cyberjaya's Pavillion is located at Dubai World Trade Centre, Sheikh Saeed Hall, Booth Number S1-E7.

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    FOR MORE INFORMATION CONTACT:
    NAME :  Rashid Mat
            General Manager
            Business, Corporate
            Communications and Planning
    TEL :   +60 3 8315 6113
    FAX :   +60 3 8315 6110
    EMAIL : rashid@cyberview.com.my
 
    NAME :  Katheja Begum
            Manager
            Business, Corporate
            Communications and Planning
    TEL :   +60 3 8315 6145
    FAX :   +60 3 8315 6160
    EMAIL : katheja@cyberview.com.my