Taipei Travel

Deputy Mayor Charles Lin and members from the delegation of Taipei City Government visited Cyberjaya and Malaysia Digital Economy Corporation (MDEC) during the first stop in Malaysia on March 26. Led by Mayor Ko Wen-je the city government delegation is currently embarking on a trip spanning the nations of Malaysia, Thailand, and India. At Cyberjaya, the delegation took the opportunity to tour the Multimedia Super Corridor (MSC) and MDEC, exchanging views on e-commerce, internet economy, and big data opportunities with institution officials. Since its founding in 1996, the MSC has grown from a facility housing roughly 300 IT companies to one with about 3,800 companies today, winning the park MSC status. In 2015, the revenue of companies at the MSC reached roughly MYR 42.1 billion (USD 9.8 billion). It also attracted investment reaching MYR 4.5 billion, among which approximately MYR 2 billion are foreign investment. The figures showed an 18.25-percent growth compared to those from 2014.The companies at the park offer global commerce service ranging from IOT, cloud computing centers, big data analysis, network safety, and e-commerce. MDEC focuses on the four key areas outlined under the Digital Malaysia program proposed by Malaysian Prime Minister Najib Razak. These include promoting investment, incubating local tech experts, encouraging digital startup ecosystem, and attracting foreign investments through Malaysia’s MSC status.