CYBERJAYA, March 15, 2008: The growth of the local ICT industry will remain strong in view of enormous opportunities it presents and the country’s active participation in the ICT’s global front, said Multimedia Development Corporation’s CEO Dato’ Badlisham Ghazali.
Commenting on the impact of the election on the industry, Badlisham said the outlook remains positive as global demand for ICT product and services will continue to thrive regardless of political trends.
“We should be grateful that our forefathers have left a healthy democratic system that allows its people to enjoy the freedom of exercising their rights in electing the Government.
“More importantly, we are able to show the world that we live in a mature society and the country remains in a stable and harmonious state despite the various shows in the election results,” he said in a statement here today.
Badlisham highlighted that on May 18 to 22, Kuala Lumpur will play host to the 16th World Congress of ICT with 14 related events that will attract the world to Malaysia and further boost Malaysia’s position as an ideal investment hub.
“This sits well with the nation's ICT development as knowledge will remain as an important ingredient for the country’s future. It also augurs well with the MSC Malaysia's vision for a knowledge society where everybody should have equal access to IT infrastructure and the conveniences that come with it.
He said among the related events include Mobile Monday Global Summit and the United Nations Global Alliance on ICT and Development (UN-GAID) that will attract key industry visionaries, developers and influential individuals. It also allows Malaysian ICT companies to showcase their solutions to the world, hence increasing export potential.
“WCIT 2008 is more than just an event, this marks a milestone in Malaysia’s capability as an ICT hub for the region and apart from attracting the who’s who in the world’s ICT industry, WCIT 2008 will also create a high impact on the country’s economy for other industries especially tourism and retail in view of the flood of foreign delegates that will be attending the congress and its related events,” said Badlisham.
Badlisham said with 42,000 expo visitors, 2,500 delegates and 100 speakers from 80 countries, local ICT companies should take advantage of WCIT 2008 to showcase their products to the world and for Malaysians in general to lend its full support for the event, which will benefit for the country’s economy and the positive development of the ICT industry.
On Malaysia’s potential, Badlisham said Malaysia is still favoured upon as the outsourcing and offshoring location for the region in view of its excellent infrastructure, ready pool of talents, sound IT policies and cost effectiveness.
He said Malaysia ranks third as the world’s most favourite location for outsourcing and offshoring activities in industry studies by a number of consultancy firms, including AT Kearney and Frost and Sullivans, and this clearly demonstrates Malaysia’s capabilities in providing world-class solutions and services.
He added that with over 2,000 MSC Malaysia-status companies generating revenue of RM13 billion and RM5 billion in exports last year, the ICT industry is taking its place as the backbone of the country's economy.
Badlisham said the positive trend of local companies venturing into the global market is inline with the increasing role of ICT in providing the strength in innovation that cuts across all sectors. This, he added, will also ensure the continuous growth in the software development and digital content industry.
“As the guardian of MSC Malaysia, MDeC we will continue to serve the people and ensure that they continue to benefit from the Government's initiatives,” he said.
“Malaysia is very adaptable to change and the country will only grow from strength to strength,” he added.
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