Multimedia Development Corporation
Encyclopedia
The Multimedia Development Corporation (MDeC - previously known as MDC) 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:
The board of directors of the MDeC include major Southeast Asia
n 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
.)
Nationalization
Nationalisation, also spelled nationalization, is the process of taking an industry or assets into government ownership by a national government or state. Nationalization usually refers to private assets, but may also mean assets owned by lower levels of government, such as municipalities, being...
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 Centrehttp://www.msctc.com.my
The board of directors of the MDeC include major Southeast Asia
Southeast Asia
Southeast Asia, South-East Asia, South East Asia or Southeastern Asia is a subregion of Asia, consisting of the countries that are geographically south of China, east of India, west of New Guinea and north of Australia. The region lies on the intersection of geological plates, with heavy seismic...
n 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
Politics of Malaysia
The politics of Malaysia takes place in the framework of a federal constitutional monarchy, in which the Yang di-Pertuan Agong is head of state and the Prime Minister of Malaysia is the head of government. Executive power is exercised by the federal government and the 13 state governments. ...
.)