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Invest in Cyberjaya Malaysia a Global Technology Hub

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Invest in Cyberjaya Malaysia a Global Technology Hub Invest in Cyberjaya Malaysia A Global Technology Hub www.cyberjayamalaysia.com.my FOREWORD “The Global Technology Hub The technology industry in Malaysia has seen strong growth since 2012, adding over 9,000 jobs and over USD 3.1 billion to GDP. The industry’s contribution of more than 12% to GDP per annum is slated to increase to 17% by the year 2020 as the Government is committed to Malaysia’s digital economy through numerous initiative aims to create high measures under the New Economic Model, Economic Transformation Plan, Government Transformation Plan, Digital Malaysia and now the Global Technology Hub initiative technology jobs for Malaysians As Malaysia’s first cybercity, Cyberjaya, under the purview of Cyberview, plays a crucial role in the development and growth of the national technology industry. Latest figures show that Cyberjaya employs and to make Cyberjaya a 40,000 people and received USD 2.1 billion in total investment while its 815 companies, 43 of which are MNCs, generated a total of USD 2.9 billion in revenue. To sustain this growth, Cyberview developed a preferred investment hub for roadmap to elevate Cyberjaya into a Global Technology Hub The recently launched Cyberjaya City Centre project will act as a catalyst for this growth in investment by redefining a global technology city. This project supports Cyberjaya’s ecosystem technology companies” across seven strategic dimensions – infrastructure, incentives, startups, SMEs, talent, partnerships and livability. Various key industry stakeholders have actively contributed by From Global Technology Hub Blueprint foreword by Tan Sri Dr. Mohd Irwan Serigar Abdullah designing tailored enablers across these dimensions to enhance the different segments of the digital economy, and foster the necessary environment for accelerated growth of Cyberjaya as a Global Technology Hub Understanding that the success of Cyberjaya is contingent upon effective implementation, Cyberview acts as the dedicated government-owned company, driving efforts going forward. Cyberview is supported by strong public and private sector participation to realise a vibrant ecosystem for MNCs, SMEs and entrepreneurs to flourish and drive Cyberjaya’s economic growth On behalf of the Government and the Ministry of Finance, we are fully committed to the vision of Cyberjaya as a Global Technology Hub and will ensure the delivery of goals underpinned by Cyberview to the best of our ability. Tan Sri Dr. Mohd Irwan Serigar Abdullah Treasury Secretary General, Ministry of Finance Malaysia Faris Yahaya Managing Director, Cyberview 2 3 CYBERVIEW AND PARTNERS A collaborative whole-of-government effort providing tailor-made solutions to support your investment Cyberview is tasked National green National Cyberjaya’s to realise Cyberjaya’s technology Master developer National ICT telecommunications agency agency provider aspirations as a global Hard Infrastructure Technology-specific support technology hub to support National biotechnology SMEs SME & Startup agency collaborations and drive the nation’s Regulatory Approval Financial Synergistic Incentives Partnerships economic prosperity Talent SEPANG Startups MAJLIS PERBANDARAN SEPANG City hall MALAYSIAN GLOBAL INNOVATION AND CRE ATIVITY CENTRE National National innovation and investment entrepreneurship development development National human capital authority agency development agency Cyberview spearheads all long-term development strategies and activities in close collaboration with relevant national organisations. Cyberview also acts as the one-stop-centre that manages Cyberjaya’s day-to-day operations, including marketing and promoting Cyberjaya to Malaysian and foreign companies to establish R&D facilities in the tech city. Other services by Cyberview include – Assistance in all aspects of your business is provided through investor relations services, including – Industry development Tech hub development and • Tailor-made incentive packages to suit your company needs initiatives – management services – • Facilitation in regulatory matters • Enterprise development • Consultancy • Business matching and strategic partnerships • Talent development • Township management • Site selection assistance • Clusters development • Planning and physical development • Talent facilitation • Properties and facilities management 1996 2005 2011 2014 Landowner Facilitator Cybercity Manager Technology Hub Enabler Develop basic infrastructure to enhance Sell and lease land, construct buildings, Drive growth of Cyberjaya as a premier ICT Hub Transform Cyberjaya into a Global Technology Hub attractiveness in Cyberjaya support government-certified ICT companies via Cyberjaya development 4 5 #1 on the English Proficiency Index, 2014 Malaysia as your gateway Hello! Malaysia has the highest English proficiency in Asia as confirmed by a leading international language education provider (EF Education First) into South East Asia #3 on Global Service Location Index, 2014 As one of the first founding 10 member states of the Malaysia ranks 3rd as a global outsourcing destination (A.T. Kearney) ASEAN community, Malaysia is set to chair the 26th ASEAN Summit in 2015 Myanmar #5 in the IMD World Talent Ranking Malaysia is able to develop, attract and retain talent for companies as confirmed by the #20 business school in the world (IMD) Laos #12 in the IMD World Competitive Yearbook, 2014 Malaysia is perceived well abroad through various competitive factors as confirmed by the #20 business school in the world (IMD) Thailand Vietnam Philippines Cambodia #15 on FDI Contribution Index, 2014 Malaysia is a top destination for international investors (A.T. Kearney) #18 on Ease of Doing Business Index, 2014 Malaysia ranks 18th globally and 2nd in ASEAN as it’s regulatory environment is conducive for business (World Bank) Brunei Darussalam More than 5,000 foreign companies, 2014 Malaysia Malaysia has to date attracted more than 5,000 foreign companies from more than 40 countries (Malaysian Investment Development Authority) Singapore Indonesia Source: EF Education First, A.T. Kearney, World Bank, International Institute for Management Development, MIDA 6 7 CYBERJAYA’S TECH CYBERJAYA FOCUS AREAS In 2014, Cyberview developed a roadmap to take Cyberjaya further by elevating it into a Global Technology Hub with Cyberjaya City Centre acting as a catalyst to create a vibrant ecosystem for MNCs, SMEs and entrepreneurs to flourish TRACK while propelling the city’s economic growth in 9 technology areas. RECORD Cyberjaya has evolved from strength to strength driven by Cyberview, a tech hub enabler 5.1 BIOTECHNOLOGY MOBILE INTERNET CLOUD COMPUTING 3.5 3.2 2.9 2.5 2.4 2.1 2.0 BIG DATA ANALYTICS SMART GRID TECHNOLOGY INFORMATION SECURITY 1.8 1.7 1.4 1.2 2010 2011 2012 2013 2010 2011 2012 2013 2010 2011 2012 2013 INVESTMENT (USD bn) REVENUE (USD bn) CONTRIBUTION TO GDP (%) Cyberjaya attracted As a result of these Cyberjaya’s contribution to USD 2.1 bn in investments investments, approximately Malaysia’s GDP in 2013 whilst is WEARABLE TECHNOLOGIES CREATIVE CONTENT GREEN TECHNOLOGY in 2013 USD2.9 bn of revenue was more than 5% and is forecasted generated in 2013 to increase significantly as it increases its presence in various technologies Source: MDeC 8 9 OUR ECOSYSTEM WORLD-CLASS INFRASTRUCTURE Contemporary facilities and amenities 2nd most affordable office space in ASEAN 1INVITING INCENTIVES Comprehensive list of financial and non-financial incentives 100% tax exemptions for up to 10 years EMERGING SMEs High value-add services to propel SMEs to the next level SMEs with market presence in over 200 countries WHY CYBERJAYA? HOLISTIC STARTUP ENVIRONMENT Vibrant startup scene that is gaining global traction Home to largest startup incubator in ASEAN SHARP MINDS AND THOUGHT LEADERS Various talent initiatives to attain and retain the right human capital 45 universities located within 100km of Cyberjaya SYNERGISTIC PARTNERSHIPS Programmes & collaborations driven by the best in class Collaborations to build awareness and market share in ASEAN A LIVABLE COMMUNITY Blend of cultural and modern living 48% of land reserved for greenery & amenities In collaboration with community, alliance, commercial and affiliate partners Source: MAD Incubator, Ministry of Higher Education, MIDA, Cyberview, MaGIC, and various tech park sources, InvestKL; 1) Applicable to qualifying companies 10 11 WORLD-CLASS INFRASTRUCTURE Cyberjaya is a city built upon a strong foundation of contemporary yet Malaysia also affordable infrastructure with an emphasis on sustainability offers the 3rd most affordable Cyberjaya’s electricity tariff OFFICE SPACES rates are at least Cyberjaya has the 2nd most affordable rates in Asia for renting office space; Cyberjaya’s rates are at least 33% more affordable than 33% more affordable rates for industrial most office spaces across Asia. than most office spaces across properties Rental/sq.ft (USD, 2015) Asia Danang (Vietnam) 0.49 CYBERJAYA MALAYSIA 0.68 Zhangjiang (China) 1.02 TSP (Thailand) 1.15 Innopolis (South Korea) 1.2 TELECOMMUNICATIONS Cyberjaya provides access to hi-speed fiberoptic internet with speeds of 100 Mb per second through the Cyberjaya Metro Sun Tech (Philippines) 1.26 Fibre Network. This is paired with globally competitive telecommunication tariffs as guaranteed by the National ICT agency. One North (Singapore) 1.63 These tariffs are continuously benchmarked and reviewed to remain relevant to global and local economic standards. Source: Various tech park websites Electricity taff/kWh (USD, 2015)
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