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Three firms to invest RM600 mil in Medini

Three firms to invest RM600 mil in Medini

i2M Ventures Sdn Bhd managing director Zulfiqar
Zainuddin, in announcing the decision, said the investments by the
companies, Brandt International Sdn Bhd, Vision Technology Consulting Sdn
Bhd, and Goldbury Communications Sdn Bhd would generate up to 1,100 jobs.

Speaking to reporters after the opening of the International
Outsourcing Forum Locations Asia here today, he said the employment
opportunities would be created in information technology outsourcing,
business process outsourcing (BPO), client management, and consulting

“Apart from this, there are more (new investments)
in the pipeline. So far, six companies have put forward their commitment
in creating up to 3,000 jobs in Medini,” Zulfiqar said.

He hopes these new investments would accelerate the
development of an exciting eco-system towards the creation of a
world-class business services destination.

Present were Malaysian Investment Development
Authority chief executive officer Azman Mahmud and Iskandar Regional
Development Authority chief executive officer Ismail Ibrahim.

Homegrown Goldbury is establishing a global
information technology (IT) automotive hub in Medini and would focus on
the implementation and support of SAP solutions developed by software
company, SAP SE, among automotive industry players.

As for Brandt International, it will set up BPO and
knowledge process outsourcing (KPO) that will offer higher value business
process managed services, primarily in the areas of new digital and
creative service, resource management and IT, among others.

Vision Technology Consulting, on the other hand,
will develop a near shore development centre that will provide Oracle
technology implementation, Oracle-related outsourcing services, and
enterprise mobility solutions.

i2M Ventures, is a wholly owned subsidiary of
Khazanah Nasional Bhd, which has been tasked to develop strategic
investment promotion initiatives for business services/shared services and
outsourcing (SSO) in Iskandar Malaysia.

Meanwhile, Azman, in his speech earlier said the
SSO industry is gaining rapid momentum and showing an excellent track

“As of December 2014, the industry attracted over
340 foreign and multinational companies to set up regional and global SSO
centres in Malaysia, employing 82,000 people and contributing 16% to the
national gross domestic product,” he said.

05 March 2015