Country Economic Work for Malaysia - Islamic Development Bank

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Figure 6.9: Types of Programmes by MTCP, 2010 3% 3% 4% 1% Short Term Courses Long Term Courses Study Visits / Attachments Sending Experts Project Type Assistance Others 8% 81% Source: MTCP, Ministry of Foreign Affairs, Malaysia, 2010 These implementing agencies are usually the primary/leading agencies in their respective fields, carrying out activities in the domestic environment and they have been able to design appropriate programmes/courses to meet the needs of the participating countries. In fact, some of the implementing agencies are ranked high and well-regarded by their regional peer organisations. Malaysia’s own experience of addressing issues pertaining poverty reduction and economic growth puts the country in a good position to share their experiences with other developing countries. 102. Feedback from many beneficiaries of training courses, i.e. ex-participants and sending agencies from beneficiary countries, has been generally positive. It has been acknowledged that the MTCP training has made a difference in many developing countries. Overall, while most ex-participants found the courses relevant to their current needs and that they are utilising the knowledge and skills acquired, the lack of equipment, budget and trained personnel in their respective organisations has limited the impact, effectiveness and sustainability of the training. The sending agencies also acknowledged that courses had resulted in the introduction of new technology, improvement in human resource and capacity development. The training attended by their staff was relevant to the daily needs of the organisations and that the skills and knowledge acquired were being transferred to other staff members through seminars, workshops and daily job functions. Enhancing the Role of MTCP through Reverse Linkages Recognition of contribution by participating countries/cooperation partners. Enhanced relations with participating MTCP countries and cooperation partners Fulfillment of the South South Cooperation commitment Increased people to people exchanges, overall trade and investments relations with participating countries 79
Key Challenges Facing the MTCP Diminishing resources – need for optimization Seeking best workable practice Avoiding mismatch Instituting workable post training M&E mechanism (viii) Sharing Information and Communication Technology 180. Malaysia's information and communication technology (ICT) industry is expected to achieve a significant milestone in 2011 with the transformation of the country into a net ICT exporter. In 2010, a number of key developments had clearly signaled the Government's seriousness in transforming the country's economic framework to meet the challenges of an innovative digital economy. The transformation of Malaysia into a knowledge-based society using ICT as an 'enabler' across all economic sectors to drive the country's productivity and innovations has created the country to become a vibrant hub for creation of ICT solutions. Malaysia`s attractiveness as a regional/global Shared Services & Outsourcing (SSO) hub is evident by many world-class companies like Affiliated Computer Services (ACS), BMW, DHL, HSBC, IBM, Intel, Motorola, Nokia, Shell, Unisys and many others that have set up their base of regional and global operations in Malaysia. Malaysia is also an ideal location for most offshore activities ranging from the back office operations to upstream activities such as research, design and development to downstream activities such as marketing. Malaysia is in a strategic location for business process outsourcing and information technology (IT) consulting services. The country's time zone is ideal for handling transactions for many countries, offering quality skills and a multilingual workforce that is proficient in English, Tamil and Mandarin. Malaysia has been ranked globally as the third most attractive off-shoring location in the world by AT Kearney in 2004, 2005, 2007, 2008 and 2009. Shared services or outsourcing and off-shoring of business activities include services for back office operations such as: Contact centre operation and services Data centre, disaster recovery and business continuity Technical helpdesk and after-market services Transaction processing services Application management service Financial analytics Technology consulting and services 181. Four Malaysian outsourcing companies have been placed in a list of the world's top 100 service providers by 2008 Global Services 100 (GS100). There are approximately 170 Shared Services & Outsourcing companies in Malaysia. 80
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Acknowledgements Appreciation for s
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ISRA : International Shari’ah Res
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(v) Foreign Direct Investment……
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(2005)), key insights emerged in tw
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drain. Further, the Government need
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macroeconomic indicators are given
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SMEs are concentrated in the servic
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easy technology adoption, pro-busin
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Kelantan with the lowest per capita
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Figure 1.12. General Growth Diagnos
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that the Government’s Economic Tr
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(ii) Low Returns to Investments app
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Figure 1.22. Malaysia's Exports by
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43. Malaysia’s private firms are
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over the medium-term. Several initi
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growth software compared to its maj
Page 37 and 38: esearchers and technicians in R&D p
Page 39 and 40: 59. Malaysia can further enhance it
Page 41 and 42: Annex Table 1.2. Malaysia: MDGs Ach
Page 43 and 44: 64. The Malaysian experience has al
Page 45 and 46: economic growth. The ETP is expecte
Page 47 and 48: 77. According to the Global Competi
Page 49 and 50: development of infrastructure throu
Page 51 and 52: a. Northern Corridor Economic Regio
Page 53 and 54: The challenge is for financial inst
Page 55 and 56: Original Equipment Manufacturing (O
Page 57 and 58: Intensify formalisation to promote
Page 59 and 60: Sukuk market has experienced unprec
Page 61 and 62: For innovation to become an importa
Page 63 and 64: y the United States (MYR2.3 billion
Page 65 and 66: (vi) (vii) Sharing Eexperience and
Page 67 and 68: institutions as well as Islamic pro
Page 69 and 70: Liberal Foreign Exchange Administra
Page 71 and 72: Issues/Challenges Facing the Islami
Page 73 and 74: Funding from Government of Malaysia
Page 75 and 76: programmes in the country. Initiati
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Page 79 and 80: to over 200 industrial estates or p
Page 81 and 82: member countries can be provided te
Page 83 and 84: Figure 6.5: MATRADE Business Strate
Page 85 and 86: offered by the 35 MTCP training ins
Page 87: case of the economies in transition
Page 91: iii. Conclusion 185. Above diagnost
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