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Wednesday, November 3, 2010

Cyberview sees 10% investment growth in Cyberjaya

CYBERJAYA: Cyberview Sdn Bhd, the landowner of Cyberjaya, is optimistic of achieving a further 10% growth in investment in Cyberjaya by year-end from the current RM3.19bil.

(From left) Setia Haruman COO C.K. Lao, Hafidz Hashim, Multimedia Development Corp GM Wee Huay Neo and Sepang Municipal Council president Mohd Sayuthi Bakar at the media briefing yesterday.

“Giving the rapid growth of development in Cyberjaya, we are confident to achieve that growth through land sales for enterprise, commercial, institutional and residential space,” managing director Hafidz Hashim said yesterday after Cyberjaya’s annual media briefing.

Hafidz said the RM3.19bil represented more than a third of Cyberjaya’s total investment value of RM9.1bil since its inception over 10 years ago.

In 2009, Cyberjaya received investment worth RM1.29bil.

Hafidz said the company was also optimistic of surpassing this year’s investment figure for 2011, as it had secured projects worth RM1.48bil to start next year.

“Cyberjaya intends to support the Government’s aspiration to become a developed and high income nation as had been tabled in Budget 2011.

“We are poised to bring development-centric initiatives to fruition in line with what had being announced during the recent budget,” he said.

He added that to date, more than 500 companies, including global multinationals such as HP, Dell, Fujitsu and Motorola, had set up regional and global centres in Cyberjaya.

“Cyberview aspires to strengthen the key government initiatives by driving inward local and foreign investments, developing skilled workers and talents, and nurturing creative economies in Malaysia via its thriving content creation and multimedia industries,” he said.

On the other hand, Hafidz said Cyberview had in place initiatives from Budget 2011 that called for creative content development as a key contributor to the national economy with, which went on air earlier this year.

“As a whole, Cyberview’s vision and direction for Cyberjaya closely echoes the four major thrusts identified by the National Economic Advisory Council for the implementation of the New Economic Model, which are talent development, the creation of research and development ecosystem, provide growth infrastructure and institutional development,” he said.

On the current population living in Cyberjaya, he said there are 12,000 residents at the moment and the figure was expected to reach 35,000 in 2014.

The annual media briefing brought together Cyberjaya stakeholders such as Multimedia Development Corp, Setia Haruman Sdn Bhd and the Sepang Municipal Council.

By The Star

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