Friday, October 2, 2009

ICT industry to grow by 7 percent, says Minister

August 7, 2009 by: editor

Malaysia’s information, communications and technology (ICT) industry is forecast to grow seven percent this year if business confidence picks up, says Science, Technology and Innovation Minister Datuk Dr Maximus Johnity Ongkili.

The Minister says that last year the sector including hardware, software, solutions and service providers, contributed about RM40 billion to Malaysia’s gross domestic product.

“The ICT industry before the economic crisis was forecast to grow over the next few years at an average annual growth rate of 10 percent, making Malaysia one of the fastest ICT growing markets in Asia,” the Minister told reporters.

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