Critics have claimed Malaysia’s Cyberjaya and Multimedia Super Corridor (MSC) development hasn’t been the raging success it was planned to be, but its fortunes could be changing: Hewlett Packard Co has launched a multi-purpose global center in the district, the largest of its kind and marking the biggest single investment in Malaysia by a technology multinational.

The center is one of HP’s six ‘Best Shore’ hubs around the world (others are in India, China, Philippines, Bulgaria and Costa Rica) designed to serve the enterprise market. It will also house one of HP’s five Global Application Development & Support Centers and one of eight internal HP Finance Centers of Excellence. HP’s exact investment in the center wasn’t revealed but it should provide employment for up to 4000 Malaysian knowledge workers.

HP’s development is a show of faith in MSC and Malaysia’s technology industry in general. Now 14 years old, Cyberjaya is set to enter its second phase of development and is claimed to have contributed RM35 billion (US$11.3 billion) to Malaysia’s GDP and 100,000 ‘high value’ jobs.

source & article: Business Times