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Cyberjaya aims to be global tech hub by 2020

CYBERJAYA: Cyberview Sdn Bhd is aiming to raise Cyberjaya to global technology hub status by 2020.  

Managing director Fariz Yahaya said the initiative would be carried out in partnership with various agencies such as the Malaysian Investment Development Authority (Mida), Multimedia Development Corp (MDEC) and InvestKL.  

“This is an initiative that absolutely needs to be done. Cyberjaya’s focus will still be on information and communication technology, but we will be expanding to other areas on top of what Cyberjaya has already established,” he said.  

So far, nine areas of focus have been identified, namely information security, creative content, mobile Internet, cloud computing, big data analytics, green technology, biotechnology, wearable technologies and smart grid.

Speaking during a presentation held at the finance ministry’s headquarters yesterday, Fariz said in addition to targeting companies in various sectors to add value to Cyberjaya, Cyberview is also carrying out a number of developments within the town. Some examples of this would be the construction of both public and private hospitals and a housing project in Block 20, developed by Gadang Holdings Bhd.  

While Fariz did not disclose how much the initiative would cost, he said he hoped there would be some allocation for it in the federal budget for next year.


This article first appeared in The Edge Financial Daily, on August 21, 2014.

 

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