HP Bolsters Presence With Cyberjaya Campus
By Rupinder Singh
HEWLETT-PACKARD (HP), the world’s largest information technology (IT) company, will build a 25.6ha sustainable campus in Cyberjaya, Selangor.
The campus will be the largest facility of its kind and the single largest investment by a multinational technology leader in Malaysia, further strengthening HP’s position as a leading global IT service provider.
HP will work with the Multimedia Development Corp (MDeC) to develop workforce and set world-class standards for the Malaysian information infrastructure out of its campus.
“Given the current global uncertainties, particularly the financial markets, your (HP’s) investment decision is a vote of confidence in Malaysia’s economy, in our strong fundamentals and in our continued attractiveness as preferred location for foreign direct investments (FDIs),” said Deputy Prime Minister Datuk Seri Najib Tun Razak.
Najib said by the end of 2010, MSC Malaysia is expected to create more than 100,000 of jobs in the local information and communications technology industry.
The campus will comprise 600,000 sq ft of office space and will be built in phases, with completion expected in early 2010.
The campus will include an internal global application development centre for HP’s Global IT organisation, next generation data centre for its outsourcing services customers, a professional centre and a call centre to support HP’s enterprise business customers worldwide.
The new global IT application development centre will add to HP’s existing internal network of centres in China, Costa Rice, India and Mexico.
“For HP, Cyberjaya expands our presence in this fast-growing region and offers us a developed infrastructure, strategic location and multi-lingual talent pool,” said HP executive vice-president and chief executive officer Randy Mott.
HP’s investment is set to generate 4,000 jobs in the next 10 years and give a significant boost to the employment of knowledge workers in MSC Malaysia.
Meanwhile, Mott said, HP is well-positioned to face the current global meltdown as the company has been competitive in its cost structure over the last three years.
“We are well-positioned, although we are concerned about our customers’ ability to invest,” he added.
(c) 2008 New Straits Times. Provided by ProQuest LLC. All rights Reserved.
