Information Technology And Telecommunication Companies in Malaysia

The Malaysian government has been proactive in developing the country’s information and communications technology (ICT) sector. The government’s Multimedia Super Corridor (MSC) initiative, launched in 1996, was designed to attract foreign investment and promote the growth of the local ICT industry. The MSC offers tax incentives and infrastructure support to companies operating in designated areas.

The ICT sector has been a key driver of economic growth in Malaysia, with the industry contributing around 14 percent of the country’s GDP in 2017. The sector is also one of the largest employers in Malaysia, with over 700,000 people employed in the industry in 2017.

The Malaysian government has been working to improve the business environment for ICT companies, with a focus on simplifying regulations and promoting entrepreneurship. In 2017, the government launched the Malaysia Digital Economy Blueprint, which outlines the government’s plans to transform the country into a digital economy.

The telecommunications sector is a key part of the ICT industry in Malaysia. The country’s telecoms sector is relatively developed, with a penetration rate of around 150 percent. The mobile segment is the largest, with a penetration rate of 133 percent in 2017.

Malaysia’s