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Tuesday, March 24, 2009

Cyberview targets 47 companies this year

CYBERJAYA: Cyberview Sdn Bhd, the landowner of Cyberjaya and the entity leading the entire development of Cyberjaya, is targeting 47 companies to set up operations there this year.


Redza Rafiq

Managing director Redza Rafiq said he anticipated most of the companies to be local entities.

“Only a handful of companies in Cyberjaya are multinational corporations (MNCs),” he said after the signing of a memorandum of understanding with Advanced Micro Devices Global Services (M) Sdn Bhd, a unit of AMD Inc.

Operating in Cyberjaya currently are 500 companies, including 35 MNCs. The rest are small and medium enterprises.

Redza said Cyberview’s role in the development of the creative multimedia and digital content industry corresponded with the mandate given by the Government to actively lead the entire development of Cyberjaya.

“There are many components to the development of Cyberjaya and one segment that we have been asked to nurture is the creative multimedia industry,” he said.

The Multimedia Development Corp (MDeC), which is the custodian of the MSC Malaysia Initiative, set up the Malaysian Animation Creative Content Centre (MAC3) in 2007 to spur the development of creative content.

Redza said AMD would partner Cyberview in nurturing the creative multimedia industry in Cyberjaya and the parties would work with MdeC to develop the Malaysian cybergames operations and research (MyCore) and the knowledge-worker development programmes.

“MyCore is part of MdeC’s MAC3 initiative and it focuses on the development of professional gamers and game developers by providing a local gaming centre,” he said.

He said AMD would take over a four-storey enterprise building in the Knowledge Workers Development Institute Complex and occupy about 68,000 sq ft.

The first phase of the complex, which cost RM48mil, was expected to be completed by the second half of this year, he said.

Meanwhile, AMD senior vice-president, finance and corporate controller, Devinder Kumar, said despite the challenging economic environment, the company expected to increase its headcount over the next two years to 500 from 230 currently.

“We have been expanding over the last couple of years and we would like to continue the expansion, especially in Cyberjaya, with the right government incentives,” he said.

He said the company also planned to set up an information technology data centre in Cyberjaya which would be to ready in the second half of this year.

AMD, a technology company headquartered in Sunnyvale, California, has established its presence in Penang in 1972 under AMD Export Sdn Bhd.

It launched its global services initiative in Malaysia through Advanced Micro Devices Global Services, which was awarded MSC Malaysia Status in 2008.

By The Star

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