Launch of IC Design Park in Selangor signals ambition to move from ‘Made in Malaysia’ to ‘Made by Malaysia’The IC Design Park will shift Malaysia towards front-end IC designThe Selangor State Government, through its digital economy arm, the Selangor Information Technology and Digital Economy Corporation , is spearheading an initiative in the semiconductor sector.
According to Sidec, the collaborations will catalyse economic growth, create high-value jobs, and enhance local expertise in Malaysia, boosting innovation, skill development, and technological independence, contributing to the nation's long-term economic resilience. "IC design is a capital-intensive field with a high barrier to entry. Significant funding and a highly skilled workforce are crucial for success. That's why we're taking proactive steps to collaborate with international venture capitalists and technology leaders to create a more supportive ecosystem that empowers local and global IC design companies,” Yong said.