MSC Malaysia Records RM15.36 Billion in Revenue
MSC Malaysia has just recorded its best year ever in 2011, with revenues reaching RM15.36 billion and RM3.736 billion of exports. Also, the InfoTech Cluster emerged as the top revenue contributor to MSC Malaysia, accounting for a total of 48 percent of the overall revenue.
With such an impressive revenue contribution, the cluster also contributed over 4,030 new jobs which is a 53 percent growth as compared to 2010.
Speaking at the press conference, Datuk Badlisham Ghazali, Multimedia Development Corporation’s (MDeC) Chief Executive Officer said, “We are very pleased with the latest performance of the InfoTech cluster as it is a reflection of the fact that our ICT sector has reached a level of maturity. Amidst the uncertain global macroeconomic scenario, our ICT companies exhibited resilience and adaptability in continually reinventing themselves to retain their appeal to clients”.
Further analysis indicated that within the Infotech Cluster, Consumer Software, Security Telecom & Networking, Supply Chain Management (SCM), Operations and Manufacturing Apps, Enterprise Resource Planning (ERP)/Enterprise Resource Management (ERM) and Banking, Financial Services and Insurance (BFSI) were the top five contributing segments.
For more news updates on MSC Malaysia, please click here.