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Cyberview signs three MoUs to make Cyberjaya global tech hub

Cyberview signs three MoUs to make Cyberjaya global tech hub

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Cyberview has signed three memorandums of understanding (MoUs) with three companies to make Cyberjaya a global technological hub. 

The three companies are Permodalan Negeri Selangor (PNSB), Selangor Information Technology (SIDEC) and digital infrastructure company Equinix Malaysia. 

These partnerships underscore Cyberview's commitment to building a thriving digital economy and reinforcing Cyberjaya's position as a leading tech hub, said Cyberview in a statement seen by A+M. 

Don't miss: What does Malaysia need to do to establish itself as the tech hub of Asia?

"We are excited about the collaborative opportunities these agreements bring and look forward to the positive impact they will have on the region's economic and technological landscape," added Cyberview in the statement. 

The MoU with SIDEC will see Cyberview advance the semiconductor sector by creating a research and development (R&D) centre, as well as a training centre for graduates and engineers in the field, reported Bernama

At the same time, Equinix's recent investment of RM23 million will further enhance Cyberjaya as an investment destination in the field of technology in Malaysia, Kamarul Ariffin, CEO of Cyberview, reportedly said. 

Kamarul reportedly added that the digital economy requires infrastructure such as data centres and that the partnership is in line with the desire of the state and federal governments to make the country a global technology hub. 

In addition, the cooperation with the three companies will increase high-paying job opportunities as well as indirectly contribute to the development of the digital economy and MADANI economy, Kamarul reportedly said. 

In the last few months, Malaysia has seen major growth and developments in its tech industry. Its local telco Telekom Malaysia and Singapore telco Singtel partnered up to develop data centres in Johor and tech giants such as ByteDance and Microsoft have also invested RM10 billion and RM10.5 billion respectively into artificial intelligence (AI) infrastructure in the country. 

According to industry professionals A+M spoke to earlier in the month, Malaysia's tech ambitions are well on track

"Malaysia’s tech hub ambitions are well on track, driven by aspects including investment success, data centre aspirations, our role in critical supply chains, and the country’s current position as a high-value digital global business services (GBS) hub," said Raymond Siva's, head of digital investment office of MDEC in a conversation with A+M.

Serm Teck Choon, co-founder and CEO of Antsomi agrees, adding that AI-driven centres will play a prominent role in the future development of the digital economy. 

“Malaysia offers more affordable lands and energy as key elements to build such data centres," said Serm, adding that Penang has also played an important role in the global chip manufacturing supply chain too. 

Photo courtesy of Cyberview/Facebook

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