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Anwar plays up Cyberjaya’s potential as preferred tech investment area | Scoop

Anwar plays up Cyberjaya’s potential as preferred tech investment area

PM notes prominent local, international firms have set up shop in the city

2:39 PM MYT

 

CYBERJAYA – Datuk Seri Anwar Ibrahim today said that Cyberjaya, driven by the Cyberjaya Masterplan, has the potential to become a preferred technology investment location through the participation of both local and international technology companies. 

The prime minister, who is also finance minister, said the masterplan launched in 2019 as a strategy for the city’s development in line with technological advancements and innovation, focuses on three main pillars: smart mobility, smart healthcare and digital creativity.

In his speech at the closing ceremony of InnoEx here, which was read out by Science, Technology and Innovation Minister Chang Lih Kang, Anwar also listed prominent companies that have chosen Cyberjaya as their investment destination.

Among them is local multinational Aerodyne Technologies, the world’s number one drone solution provider offering automation solutions in agriculture and surveillance.

The prime minister said that US-firm Hematogenix had also chosen Cyberjaya to establish its Oncology Laboratory Centre for the entire Asia-Pacific region.

Anwar said that recently, Cyberjaya also became Tesla’s preferred choice to establish its regional headquarters and that according to global real estate consultants Knight Frank, Cyberjaya is a leading destination in Southeast Asia for global data centre investments.

The city has also become a focal point for local animation and digital creative enthusiasts, including companies like Monsta Studios, Wau Animation and Durioo+, he said.

Anwar said he was also made to understand that Cyberjaya now has over 146,000 residents, with approximately 40,000 of them employed in over 400 Malaysia Digital-status companies.

He said that the city has also nurtured over 400 start-ups, such as Campfyre, Laundrydone, Beebotic, ERTH and Kumpool.

“Several start-ups are now exploring global markets and are recognised through various prestigious awards and international achievements,” said Anwar, mentioning companies like Monsta Studios, Wau Animation, BillPlz, Supagene and IX Telecom.

“I am very proud of the success of our local talents who have long been involved in developing applications, digital intellectual property, technology solutions and various innovation-based products and services,” he said.

Anwar also highlighted the role of Cyberview, the technology hub developer leading Cyberjaya’s development, in supporting start-up growth through incentives, especially under the Cyberview Living Lab Accelerator Programme, or CCLA.

“The CCLA has long been at the forefront of offering services, guidance, and access and has injected RM6 million to support over 90 start-ups since its inception,” he said.

Collectively, he noted that CLLA-mentoring companies have attracted over RM256 million in investment value, directly impacting the economy by creating more than 1,400 jobs. – September 9, 2023

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