Tun Mahathir had a grand vision to transform Malaysia from a rubber and tin exporter to a fully industrialised and developed nation by the year 2020.
To help achieve this grand vision, the MSC (Multimedia Super Corridor) Malaysia program was established in the mid-1990s as a national ICT initiative to attract world-class technology companies while helping the local ICT industry get on its feet.
To help enable this vision, MSC certified zones were created to attract companies with temporary tax breaks, offer state of the art facilities with high-speed Internet access to help the IT industry grow in the country. MSC zones include areas like KL Central, Cyberjaya, and many others.
Over the years the MSC Malaysia initiative has immensely contributed to the growth of the ICT sector in Malaysia. MDEC chief executive officer Datuk Yasmin Mahmood has cited MSC is alive and well today and has accumulated RM4.57 billion last year alone, its highest ever increase in new investments since its inception.