Land allocation for enterprise in Cyberjaya has been increased to 13.6%

Cyberview Sdn Bhd, the designated landowner of Cyberjaya, is determined to have a fully functional city by 2010 with changes done to its original projection to accommodate more enterprise purpose land allocation.

"To enhance Cyberjaya's competitiveness the land usage division has been altered," its managing director Redza Rafiq said.

He said that enterprise used to form 11.7% of the land but the company has since increased the allocation to 13.6%.

"The government realized that the enterprise land will be the source of foreign direct investment and domestic direct investment," said Redza.

"This year we have the big boys coming in," says Redza on upcoming construction works

Other changes include the allocation for a commercial area, which has been increased to 4.7% from the initial allocation of 3.3%. Institutions will take up 4.3% now as opposed to the original allocation of 2.9%.

The sale of land in Cyberjaya from 1998 to August this year totaled 362.4ha valued at RM1.13 million.

"This year we have the big boys coming in," Redza said, referring to Satyam and Dell Inc. The latter is building a global business centre which can house between 1,500 to 1,800 employees and is targeted to be operational by year-end.

This, he noted, is in line with Multimedia Development Corporation Sdn Bhd's (MDeC) strategic objective which aims to create 66,200 new jobs from 2006 to 2010.

Today, Cyberjaya is home to more than 400 companies comprising topnotch players in their respective fields including IBM, Intel, Shell IT, Ericsson, BMW, HSBC, NTT, DHL and Prudential.

It is also the preferred address for the country’s top smart schools and institutions such as the LimKokWing University College of Creative Technology, Multimedia University and Cyberjaya University College of Medical Sciences.

To boost the attractiveness of the intelligent city, Cyberjaya recently launched a Dedicated Transportation System (DTS) where passengers pay RM213 a month to travel from various destinations including Seremban, from which Redza says there are many workers.

Jointly developed by Cyberview Sdn Bhd, MDeC and Rapid KL, the DTS cost RM20.1 million to build and is a bus shuttle service to help ferry knowledge workers from the Klang Valley , Seremban, Banting and Bangi to Cyberjaya.

In addition, Cyberview is also working to set up a K n owl e d g e Workers Development Institute to help with the training of workers.

Quoting a study by MDeC, Redza said that Malaysians respond better to training. "We are the best when it comes to training," he said, adding that a submission for Planning Approval for the institute had been done. "Work will commence early next year and it will be built in stages," he said.

Riding on the success of its first SME building, Cyberview is planning to have another three such buildings by 2010 to cater to small and medium enterprises. Currently, the first SME building, where the Cyberview office is located, houses 140 units which are fully taken up.

The second SME building is currently undergoing Certificate of Completion and Compliance evaluation which Redza hope s will be completed before the end of the year.

Cyberview plans to turn Cyberjaya into the nucleus of the MSC (Multimedia Super Corridor) Malaysia and a global hub and preferred location for ICT, multimedia and services for innovation and operations in support of Malaysia ’s Vision 2020.