Selangor Journal
Prime Minister Datuk Seri Anwar Ibrahim says the Cyberjaya Masterplan is a strategy to drive technological development in the city with innovation. — Picture via FACEBOOK/ANWAR IBRAHIM

Cyberjaya could be preferred tech investment location — PM

CYBERJAYA, Sept 9 — Prime Minister Datuk Seri Anwar Ibrahim today said 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.

Anwar, who is also Finance Minister, said the Cyberjaya Masterplan launched in 2019 as a strategy for Cyberjaya’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 2023 here, which was read out by Science, Technology and Innovation Minister Chang Lih Kang, Anwar listed prominent companies that have chosen Cyberjaya as their investment destination.

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

The Prime Minister said Hematogenix, a company from the United States, chose Cyberjaya to establish their Oncology Laboratory Centre for the entire Asia-Pacific region.

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

Cyberjaya has 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 heard Cyberjaya has over 146,000 residents, with approximately 40,000 of them employed in over 400 Malaysia Digital-status companies.

He said Cyberjaya has nurtured over 400 startups, such as Campfyre, Laundrydone, Beebotic, ERTH, and Kumpool.

“Several startups are exploring global markets and are recognised through various prestigious awards and international achievements,” he said.

“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 the growth of startups through incentives, especially under the Cyberview Living Lab Accelerator Programme (CLLA).

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

Collectively, he said CLLA mentoring companies have attracted over RM256 million in investment value, directly impacting the economy by creating more than 1,400 jobs.

— Bernama

Top Picks

Liek Hou shines again with double gold medals in Spain

Senior leader under probe for suspected cronyism over supply projects

Sarawak Foundation to sponsor late Joanna’s children’s education — Abang Johari