Selangor strengthens its position in chip sector
17 Oct 2024
The Selangor Information Technology and Digital Economy Corp (Sidec) had inked a memorandum of understanding (MOU) with Cyberview Sdn Bhd for the advance investment, ecosystem and industry development of the Integrated Circuit (IC) Design Park Phase 2 in Cyberjaya.
This marks Selangor state’s second IC design park, following the launch of its first park in Puchong in August 2024.
Explaining further, Selangor Mentri Besar Datuk Seri Amirudin Shari revealed that the IC Design Park 2 in Cyberjaya is expected to be launched in the first quarter of 2025.
“To further strengthen our position in the semiconductor industry, I am delighted to share that we are planning the development of IC Design Park 2 in Cyberjaya.
This will expand our capabilities and reinforce Malaysia’s role as a key player in this critical global industry,” he said at the opening ceremony of the Selangor Smart City and Digital Economy Convention (SDEC) 2024.
Having seen the success of its first semiconductor IC design park, Amirudin said the move had increased Malaysia’s place on the global stage in the semiconductor space.
He proceeded to call out to international players to be a part of Malaysia’s semiconductor journey and to ensure Selangor remains at the cutting edge of the industry.
“As we move forward, our vision is clear. We want Selangor to be a global leader in digital transformation.
This means shaping a resilient and adaptable ecosystem, investing in the right technologies and empowering our entrepreneurs,” he said.
He stated that the aspects are equally critical to ensure that artificial intelligence (AI) does not end up as a buzzword and instead bring a meaningful change to people’s lives.
He added that cybersecurity awareness is also important to prevent Malaysians from being exposed to threats by those aiming to take advantage.
“We can build a future where Selangor continues to lead in the digital economy, but we must build an ecosystem which is secure, where our businesses thrive and where our people have the security and confidence to not only be users, but shepherds to this field,” he added.
During a special address, Digital Deputy Minister Datuk Wilson Ugak Anak Kumbong said collective efforts by all stakeholders – including the government, businesses, academia and the rakyat, are essential to unlock the full potential of AI, semiconductors and the digital economy.
“As we look forward, it is crucial to remember that digital transformation is a collective effort.
“Together, we can ensure that Malaysia is not just a participant in the global digital landscape, but a leader,” he added.
SDEC 2024, a part of the Selangor International Business Summit, featured sessions on Malaysia’s IC design industry and the growing convergence of AI and semiconductors.
Additionally, a separate strategic partnership was formalised during the event, involving NCT Group with Sidec to foster industrial development and promote community building at the NCT Smart Industrial Park in Sepang.
Source: The Star
