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Business Opportunities
Business Opportunity 1
Multi-Disciplinary Practice Construction
Under the business opportunity of multi-disciplinary practice
construction firms, the efforts in promoting the stability
and soundness of this industry by the Construction Industry
Development Board underpins its long-term goals to increase
efficiency and effectiveness of the industry as a whole. Part of
these efforts include introduction of rating tools on the capability
of local contractors in line with the requirements under the
Construction Industry Masterplan.
Business Opportunity 2
Accounting Sector
The NKEA of Business Services encompasses a vast array of
industries and professions, covering 41 sub-segments based on
the UNITED NATIONS (UN) classification. And part of business
services includes professional services such as accounting and
enablers
NKEA: Business Services EPP 6, Business Opportunities and Enablers
architecture. Malaysia is one of the ASEAN market leaders in
provision of accounting services. The Malaysian Institute of
Accountants (MIA) in consultation with the accounting industry
has proposed to capitalise on exportability of accounting services.
Among others, MIA’s practice will be reviewed and revised to
emulate best practices in other markets (Singapore, Thailand,
Indonesia) to strengthen quality and remain competitive. This will
be done with adequate design of qualification procedures, criteria
and exam papers by engaging key industry players. However, this
does not preclude those who do not own such a qualification
from offering accounting-related services.
Business Opportunity 3
Creative Multimedia Content Industry
The business opportunity on creative multimedia content industry
has been reassigned to be part of the Communications Content
and Infrastructure NKEA in view of the structural similarities to the
EPPs within the said NKEA.
Previously, increasing the skilled workforce to meet the growth of the business services was identified as an
enabler under this NKEA. It has since evolved into the Human Capital Development Strategic Reform Initiative
(SRI) which will implement strategic programmes to transform the workforce and the workplace.
Summary of Business Services NKEA
2020 Target
Incremental GNI Impact RM78.7 billion
Additional jobs 245,000
Critical targets for 2012
• 3 announced data centres to provide over 350 jobs, mainly in technical and engineering fields, and be fully operational by the first or second
quarter of 2012
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Overseas sales revenue (for the outsourcing industry) – RM1.011 billion
Creation of 8,000 jobs (for the outsourcing industry)
Projected increment rack-space: Data Centre White Floor Space – 150,000 square feet
11 Data Centre Organisational Certifications
Total Data Centre services revenue – RM395 million
Number of jobs created for Data Centre – 4,000 jobs
To complete the accreditation framework for Energy Service Companies by 2012 – 100%
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