How Kuala Lumpur performs in Asia's tech industry?
Kuala Lumpur, also known as Klang Valley is the capital of Malaysia and is famous for its modern urban development and the Petronas Twin Towers which stretch 451m into the sky and offer a breathtaking view of the city. Kuala Lumpur also boasts of historical temples and delicious street food.
With its rapid technological development, it is also shaping up to be a leading technology city in Asia. The city has a strong infrastructure, with excellent connectivity, with world-class airports, and highways. It also has a reliable power supply and high-speed internet access.
There are a number of successful tech startups such as Grab, Carsome, and iFlix as well as a number of multinational tech companies with offices in Kuala Lumpur, including Google, Microsoft, and Amazon. Kuala Lumpur is also a major e-commerce hub with the presence of such companies as Lazada and Shopee. There are also several animation studios, digital marketing agencies, and other creative companies in the city.
The Malaysian government is also playing an important role in supporting the tech sector through different initiatives like tax breaks, startup grants, and co-working spaces.
Kuala Lumpur's population is young and well-educated. A high percentage of people have degrees in science, technology, engineering, and mathematics fields.
One of the city's strengths is its location, which is at the crossroads of Asia, Europe, and the Middle East and not far from the Cyberjaya area, also known as Malaysia's Silicon Valley. Thus, it provides access to a pool of talented engineers, entrepreneurs, and investors, becoming an attractive destination for both businesses and individuals.
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