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Friday March 31, 2006

Keeping an eye on the big four

THERE are four sources of growth in the ICT (information and communications technology) sector that the Government intends to focus its efforts on.

These are digital content development, e-commerce, shared services and outsourcing (SSO), and bioinformatics.

For digital content development, the Government will allocate a special RM150mil fund to support local development.

It said it would work closely with relevant ICT-related industries involved in promoting and nurturing creative content developers, and improve support mechanisms to enhance capacity and capability for innovative multimedia products and services for local and overseas markets.

The main aim of the initiatives is to attract world-class content developers, broadcasting companies, as well as global design and production houses to set up operations in Malaysia.

It also plans to designate a specialised area called the Digital Media Zone in Cyberjaya as a digital content development hub and set up “creative zones” in newly designated cybercentres.

These zones will use existing infrastructure and generate specialised technologies required for content development.

To further promote the local content industry, licensing and regulations relating to content creation will be reviewed to increase coordination in application and approval procedures among a number of agencies.

Also, to combat piracy and promote greater innovation among potential content creators, the legal framework for intellectual property registration – particularly for patents, trademarks and copyrights for ICT-related products and services – will continue to be reviewed.

On the usage of e-commerce, the Government intends to encourage industry associations to spearhead initiatives to access online information on products and services, as well as improve supply -chain efficiency.

The focus will be to establish a wide array of business-to-business (B2B) and business-to-consumer (B2C) e-commerce applications.

In the area of SSO, efforts will be made to build upon the existing comparative advantages by improving the requisite infrastructural facilities and services.

At the same time, investment incentives will be continuously reviewed with the objective of ensuring that the available fiscal incentives remain relevant.

As for bioinfomatics (the convergence of biotechnology and ICT), a benchmarking centre will be established to facilitate the benchmarking of applications in this field, in line with standards and practices.

The focus on bioinfomatics for the country will in the agriculture, healthcare and industrial sectors.

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