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Malaysia: MDC closing in on MSC target

The Multimedia Development Corporation (MDC) is well on its way to achieving its target of 500 Multimedia Super Corridor (MSC) status companies by the year 2003. To date, 492 companies have been awarded the status.

The Multimedia Development Corporation (MDC) is well on its way to achieving its target of 500 Multimedia Super Corridor (MSC) status companies by the year 2003. To date, 492 companies have been awarded the status.

KUALA LUMPUR--Of the 492, 11 companies are dormant and 50 have not commenced operations, MDC Chairman Othman Yeop Abdullah said.

He announced the numbers during a media briefing in conjunction with the awarding of MSC status to home-grown Web consulting and systems integrator Neuroweb and the latter's announcement of a solutions partnership with global e-CRM solutions provider Art Technology Group (ATG).

He added that to date, 26 companies have had their MSC status revoked. Among the reasons for the revocation were failing to register as companies and for not complying with the requirement that they move into Cyberjaya or the designated cyber cities. The designated cyber cities are Technology Park Malaysia (TPM), UPM in Serdang or KLCC Petronas Twin Towers.

On the issue of requiring MSC-status companies to relocate to Cyberjaya or any of the designated cyber cities, Othman said the MDC would not be budging on this issue eventhough the location of the designated cyber cities posed problems for MSC-status companies.

He said one of the main reasons for requiring the relocation was to enable MSC-status companies to benefit from the bandwidth available in Cyberjaya and also to be able to participate and grow within a community of high-tech companies.