MSC Malaysia Status
The Multimedia Super Corridor (MSC) was established to accelerate the growth of the country’s digital economy. It is a special economic zone designed to support the innovative ecosystem of IT and IT-enabled industries and the growth of the country’s digital economy.
MIDA works with the Malaysia Digital Economy Corporation (MDEC) to drive the country towards digital adoption, digital entrepreneurship, and innovation. Companies that can contribute to these nation-building goals and meet the necessary requirements are granted the MSC Malaysia Status, which offers compatible tax incentives.
Total approved investments for MSC status in 2022 was RM5 billion, almost equally contributed by domestic and foreign investments and are expected to generate 7,763 job opportunities.
Total Approved Investment
Companies that are looking to apply for MSC Malaysia status must be a provider of services that are related to any of the following:
The MHODA portal serves to ensure a quicker and more streamlined process for digital investment applications, as investors need not have to navigate multiple channels or IPAs, to secure their investments in Malaysia. This portal is launched under the establishment of the Digitial Investment Office (DIO) which is led by MIDA and MDEC.
For more information on DIO, please click here .