Malaysia Digital Economy Corporation
The Malaysia Digital Economy Corporation Sdn Bhd (abbreviated MDEC), previously known as Multimedia Development Corporation, is a government-owned institution responsible for the management of the Multimedia Super Corridor (MSC Malaysia) in Malaysia as a technology industry and commerce zone.
Native name | Perbadanan Ekonomi Digital Malaysia |
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Formerly | Multimedia Development Corporation Sdn Bhd |
Government-linked company (GLC) | |
Founded | 5 June 1996 |
Headquarters | 2360, Persiaran APEC, 63000 Cyberjaya, Selangor, Malaysia |
Key people | Surina Shukri, Chief Executive Officer (CEO) Rais Hussin Mohamed Ariff, Chairman |
Parent | Minister of Finance (Incorporated) Ministry of Communications and Multimedia |
Website | www |
The board of directors of the MDeC include major Southeast Asian technology investors, as well as the Malaysian Secretaries-General of the Treasury, Ministry of Science, Technology and Innovation (MOSTI), and Ministry of Energy, Science, Technology, Environment & Climate Change (MESTECC). (See Politics of Malaysia.)
Function
The MDEC is responsible for:
- attracting international ICT (Information & Communication Technology) businesses to set up shop in the MSC Malaysia, and providing them technical and administrative assistance in doing so
- engender relationships between MSC Malaysia businesses
- attracting talented ICT professionals to work in the MSC Malaysia
- connect new business operations with quality employees (through its KWX subsidiary)
- manage the digital infrastructure of the MSC Malaysia area (through its MSCTC subsidiary) and security (through its Trustgate subsidiary, which is also a commercial service)
- encourage investment in MSC Malaysia businesses (through its MSCVC subsidiary)
- advise the government on the development of technology-related laws
- maintain the MSC Malaysia's commercial and residential services
- assist other nations in National ICT Initiatives through its subsidiary, MSC Technology Centre
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