TM expects HSBB to boost GDP by 0.6%, create 100,000 jobs by 2017

9 Jul 2009

Malaysian fixed line and broadband incumbent Telekom Malaysia™ has claimed that the High Speed Broadband Project (HSBB) that it is undertaking will boost the country’s national gross domestic product (GDP) by 0.6%, as well as creating approximately 100,000 jobs by 2017. According to Bernama, the telco has revealed that contract work related to the construction of the new high speed fibre network has been outsourced to around 200 local vendors, with TM CEO Datuk Zamzamzairani Mohd Isa noting: ‘Even at this early implementation stage, the HSBB project is already benefiting Malaysian companies and businesses. This boost also comes at a time of difficult economic conditions for local vendors and businesses.’

TM has also announced the launch of a three-year vendor development programme, created to ensure that external local contractors have the skills, knowledge and capacity to undertake the necessary work for the network deployment.

Malaysia, Telekom Malaysia