Global tech titans agree Malaysia remains an attractive digital global business services hub

Cyberjaya, 6 September 2021: During the Digital Investments Week of Malaysia Tech Month 2021 (MTM’21), global technology titans from the Digital Global Business Services (DGBS) industry reiterated their confidence in Malaysia as an attractive investment hub.

The DGBS industry is one of the key contributors to Malaysia’s digital economy. While active GBS companies accounts for approximately 20 per cent of total active MSC Malaysia companies, they are the largest contributor to the overall performance of MSC Malaysia, adding up to 50 per cent of investments, 66 per cent of exports, and 61 per cent of jobs created.

There are currently 579 GBS companies within MSC Malaysia, with 57 per cent being foreign direct investments (FDIs). Furthermore, 30 per cent of these foreign-owned GBS are part of the Forbes Global 2000 and Fortune500 companies, including HSBC Electronic Data Processing, Dassault Systèmes and Jabil Global Business Services.

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