Malaysia is primed to be developed nation by the year 2020. IT revolution has made a big impact on the country as a whole and specifically in the Penang state. As the pulse of the nation and Malaysia’s Silicon Valley, Penang current environment is excellent for business opportunity because it moves hand-in-hand with the enhancement of knowledge and high-skilled society.
The Government policies strongly encourage more MSC status companies to be set up in Penang. Therefore, it has been officially granted the Cybercity status, providing a hi-tech growth platform for the state. The state government has also gazetted Bayan Baru & Bayan Lepas Industrial Area and its vicinity as Penang Cybercity 1.
Emerald Capital is the first private developer to take initiative to grow with the state government to allocate office spaces for MSC status companies in Penang. Technopreneurs and ICT specialist throughout Malaysia whether MSC status companies or those seeking MSC status where comply with the environment can park their operations in a place that will allow them to enjoy the raft of incentives and guarantees that comes with being a Multimedia Super Corridor can now look to the 1st Technical Compliant MSC Status Building – SUNTECH@ Penang Cybercity. Many business industries are now aware of the importance of MSC status recognition.Emerald Capital is currently applying the MSC status with the Multimedia Development Corporation ( MDEC ) which enable the MSC companies to enjoy the 10 bill of Guarantees.