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Tuesday, May 20, 2008

Partnerships worth US$1.65b sealed at IT congress

FIVE partnerships worth more than US$1.65 billion (RM5.36 billion) in trade and investment were sealed at the 16th World Congress on Information Technology (WCIT 2008) yesterday.

The signing of agreements was witnessed by the Prime Minister Datuk Seri Abdullah Ahmad Badawi.

Also present at the event were Malaysia’s Science, Technology and Innovation Minister Datuk Dr Maximus Johnity Ongkili, Johor Menteri Besar Datuk Abdul Ghani Othman, Multimedia Development Corporation (MDeC) chief executive officer Datuk Badlisham Ghazali and George Newstrom, the chairman of the World Information Technology and Services Alliance (WITSA), the consortium of over 70 national ICT associations.

According to a statement, the agreements signed yesterday involved the following: # Cisco International and Knowledge Economic City Al Madinah of Saudi Arabia are creating iTopia to provide services in the area of content and einfrastr ucture.

# Mimos Bhd and Microsoft Malaysia will create the Microsoft Innovation Centre (MIC) at Mimos Technology Park to accelerate local software innovation leveraging on the research and development work at Mimos using technologies and knowhow provided by Microsoft.

# India-based Sunil Mantri Group is joining hands with MSC Cyberport Sdn Bhd to develop the 150-acre MSC Cyberport City, a designated MSC Malaysia Cybercity in Kulai, Johor.

# Pikom, the Malay acronym for the Association of the Computer and Multimedia Industry Malaysia, and 10 companies will help bridge the digital divide through a project called “Projek Menguasai Aplikasi Internet dan PC”.

# Iskandar Regional Development Authority Malaysia (IRDA) and MDeC will cooperate to market and promote incubator programmes and generic development ideas.

At the recently-concluded 11th MSC Malaysia IAP Meeting, another US$1.3 billion (RM4.22 billion) worth of investments were sealed, the statement added.

International Data Corp’s (IDC) Economic Impact Study 2007 report said that the information communications technology industry will contribute up to RM17.6 billion to the country’s economy over the next four years.

By New Straits Times

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