Financial Daily from THE HINDU group of publications
Friday, Oct 18, 2002
Financial Daily from THE HINDU group of publications Friday, Oct 18, 2002 |
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Info-Tech
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Software IT cos seek back-up offices in Malaysia Our Bureau
The Malaysian Prime Minister, Dr Mahathir Mohammad, coming out from the press conference hall after the meet on Thursday in Hyderabad.
HYDERABAD, Oct. 17 THE Malaysian Prime Minister, Dr Mahathir Bin Mohammad, said that Hyderabad has a tremendous potential for IT business and some of the IT companies here were keen to have their back-up centres in Malaysia. ``It is good to have two centres. Anything happens in Malaysia has a back-up in India and similarly anything happens in India can have a back-up in Malaysia,'' he said. Dr Mohammad told newspersons here on Thursday that the Malaysian Government was having good relations with the Andhra Pradesh Government and this would lead to a greater cooperation in economic activity. Without specifying the areas of cooperation, he said that Malaysia was looking into various possibilities including production of Proton car in the State. He, however, said that there were some hitches with regard to the car production. Dr Mohammad, who visited the Satyam Technology Centre here said that the company wanted to expand its existing operations in Malaysia and the Malaysian Government would extend the necessary support. Replying to questions, the Malaysian Prime Minister said that any attack on Iraq at present was not going to be productive and would not contribute to the fight against terrorism. It would increase the animosity between Muslims, Europeans and Americans. In fact, he said, the problem of terrorism had not been handled properly. There was too much emphasis on security and defence. Enough attention was not being given to the causes of terrorism. ``Unless we find out why terrorists are doing these things, we are not going to make any progress in this regard,'' he said. The situation in Indonesia today was worse than that in the US after the September 11 attack last year, Dr Mahathir said.
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