Research And Development Of Computer And Related Products Companies in Malaysia

The Malaysian government has been actively encouraging the development of the country’s computer and related products industry. In line with this, a number of tax incentives and other assistance programmes have been introduced to help companies in this sector.

One of the key initiatives is the Multimedia Super Corridor (MSC) project, which was launched in 1996. The MSC provides a conducive environment for the development of multimedia and information technology (IT) companies. It also offers a number of tax incentives and other benefits, such as fast-track approval for building plans and foreign ownership of up to 100%.

As a result of these initiatives, a number of multinational companies (MNCs) have set up operations in Malaysia. These companies have brought in cutting-edge technology and know-how, which has helped to spur the development of the local industry.

Today, the computer and related products industry is an important contributor to the Malaysian economy. It is estimated to be worth RM41 billion (US$10.9 billion) in 2016 and is expected to grow at a compound annual growth rate (CAGR) of 8.4% over the next five years.

The industry comprises a diverse range of companies, from small and medium enterprises (S