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Government plans to set up ICT hub in Malaysia

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Malaysia Government is planning to establish a self contained ICT hub in the state of Johor, Malaysia. The dubbed Multimedia Super Corridor (MSC) Cyberport City would be based in Kulai.

 

The high-tech hub would be developed in three phases. The total investment to develop the city will come around RM700 million (US$201 million) and RM800 million (US$229 million). The township will contain high-technology components, such as RFID (radio frequency identification), fiber-to-the-home (FTTH) and broadband TV, and will be a 24-hour township with focus on lifestyle for knowledge workers. The state government has developed the Johor state ICT blueprint that outlines the vision for Johor to become a global ICT business hub with a world-class living environment by 2015. The state government has also teamed up with more than seven venture capital and debt financing companies to provide funds of more than RM2 billion (US$572.6 million) to finance these organizations. 

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