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News & Highlights
MDC Targets China

The EdgeDaily Online
April 21, 2004

The Multimedia Development Corporation (MDC) is aiding Malaysian IT companies to enter China, the world's fastest growing economy, and is also luring Chinese companies to set up shop in Malaysia.

For a start, MDC is giving 12 Multimedia Super Corridor (MSC) companies a platform to gain entry into the China market via the world's largest and most comprehensive ICT tradeshow CeBIT Asia 2004.

The MSC companies will have a chance to showcase their products, solutions and services to visitors at the CeBIT Asia 2004 in Shanghai from April 26-29 for possible business opportunities and market entry into China.

"During the exhibition, MDC aims to increase the interest and awareness on the MSC, especially enticing China's local companies to choose Malaysia as the preferred location to expand their businesses in the Asean region," MDC said on April 21.

The MSC companies include asiaEP Bhd, REDTone Telecommunication Sdn Bhd, Tantalus Asia Sdn Bhd, IguanaMobile Sdn Bhd, Multimedia Prospect Sdn Bhd, Nusuara Technologies Sdn Bhd and Inix Technologies Sdn Bhd.

The others comprise UnrealMind Interactive Bhd, iNavigate Sdn Bhd, NSS MSC Sdn Bhd, Orisoft Technology Bhd and 3ntity Sdn Bhd.

"The event will give the delegates an opportunity to have a better understanding of the China in-demand technology and market," said MDC.

The MDC delegation will be led by its project manager for CeBIT Asia Yew Kok Meng. The event will be held at the Shanghai International Expo Centre.

MDC said CeBIT Asia 2004 expected participation from more than 500 companies from Australia, India, Japan, Korea, Germany, Switzerland and the US.

There will be more than 60,000 attendees of technology buyers, IT professionals and leading software developers.

The range of exhibits include IT equipment and systems, telecommunication wireless and networks, software and services, security and card technology, and research and technology.

MDC is a one-stop agency to facilitate the development of Malaysia's national ICT project and to expedite the entry of investors into the MSC. MDC is also empowered to grant MSC status to companies wishing to locate their operations within the MSC.

There are now a total of 1,019 MSC status companies comprising 974 technology companies, 36 institutions of higher learning and nine incubator companies.