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Other Services – Multimedia Super Corridor (MSC)

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.

 

In 2020, a total of 45 MSC Status projects were approved with investments worth RM3.9 billion. This will pave the way for 3,794 new employment opportunities for Malaysians. Out of the total, RM2.6 billion (66.2%) came from domestic investments, while RM1.3 billion (33.8%) came from foreign investments.

45

Approved Projects

RM3.9 bil

Total Approved Investment

in 2020

3,794

Jobs Opportunities

For more statistics, please click here.

MSC Malaysia Promoted Activities

 

Companies that are looking to apply for MSC Malaysia status must be a provider of services that are related to any of the following:

 

 

  • Big Data Analytics (BDA)
  • Artificial Intelligence (AI)
  • Financial Technology (FinTech)
  • Internet of Things (IoT)
  • Data Centre and Cloud (technology / software / design and support)
  • Blockchain
  • Creative Media Technology
  • Sharing Economy Platform
  • User Interface and User Experience (UI / UX)
  • Integrated Circuit (IC) Design and Embedded Software
  • 3D Printing (technology / software / design and support)
  • Robotics (technology / software / design)
  • Autonomous (technology / software / design and support)
  • Systems / Network Architecture Design and Support
  • Global Business Services or Knowledge Process Outsourcing (excludes non-technical and / or low value call centre, data entry, and recruitment process out sourcing)

Source: MDEC

Malaysia, Heart of Digital ASEAN (MHODA) Portal

 

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 .

Get Started

MIDA provides comprehensive support to your business as you consider the competitive and comparative advantages Malaysia has to offer for your investment. Explore our dedicated resources, wide range of facilities or consultation services to assist you in expanding your operations here.
Download the guidelines on MSC Malaysia financial incentives.
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