Malaysia Digital Economy Corporation

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Malaysia Digital Economy Corporation Sdn Bhd
Native name
Perbadanan Ekonomi Digital Malaysia
Formerly called
Multimedia Development Corporation Sdn Bhd
Government-linked company
Founded 5 June 1996
Headquarters 2360, Persiaran APEC, 63000 Cyberjaya, Selangor, Malaysia
Key people
Sidek Hassan, Chairman
Yasmin Mahmood, Chief Executive Officer
Parent Minister of Finance Incorporated
Website www.mdec.my

The Malaysia Digital Economy Corporation Sdn Bhd (abbreviated MDEC), previously known as Multimedia Development Corporation, is a government-owned institution responsible for the management of the Multimedia Super Corridor (MSC Malaysia) in Malaysia as a technology industry and commerce zone.

The MDEC is charged with:

  • attracting international ICT (Information & Communication Technology) businesses to set up shop in the MSC Malaysia, and providing them technical and administrative assistance in doing so
  • engender relationships between MSC Malaysia businesses
  • attracting talented ICT professionals to work in the MSC Malaysia
  • connect new business operations with quality employees (through its KWX subsidiary)
  • manage the digital infrastructure of the MSC Malaysia area (through its MSCTC subsidiary) and security (through its Trustgate subsidiary, which is also a commercial service)
  • encourage investment in MSC Malaysia businesses (through its MSCVC subsidiary)
  • advise the government on the development of technology-related laws
  • maintain the MSC Malaysia's commercial and residential services
  • assist other nations in National ICT Initiatives through its subsidiary, MSC Technology Centre [1]

The board of directors of the MDeC include major Southeast Asian technology investors, as well as the Malaysian Secretaries-General of the Treasury, Ministry of Science, Technology and Innovation, and Ministry of Energy, Water and Communications|Energy and Communications. (See Politics of Malaysia.)

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