Red tapes cost us billions

i wonder if Najib did not go to India. will he know the red tapes killed many including the rakyat of Malaysia ?

Now, what steps will the Pak Lah government to deal with these red tapes and for the better of the country ?

Clean up the departments as well as the cabinets and then only can Malaysia Boleh.


Nation Monday June 12, 2006
Red tape cost us billions
By M. VEERA PANDIYAN
BANGALORE: Bureaucratic red tape in Malaysia may have already cost the country billions in revenue losses and a crucial six-year head start in the global IT outsourcing and disaster data backup recovery industry.
This shocking discovery was realised during Deputy Prime Minister Datuk Seri Najib Tun Razak’s visit to India’s leading software exporter, Infosys Technologies Ltd’s state-of-the-art Electronic City near here yesterday.
Infosys chairman N.R. Narayana Murthy told the high-level Malaysian delegation – which included Works Minister Datuk Seri S. Samy Vellu and Science, Technology and Innovation Minister Datuk Seri Dr Jamaluddin Jarjis – that his company had wanted to set up such a centre in Malaysia as early as in 2000.
Narayana Murthy said his company polled 300 of its top clients on their choice of the best and safest location for such a centre. Mauritius came out tops and Malaysia was a very close second.
“Looking at Malaysia’s advanced infrastructure and commitment to IT development, we picked Kuala Lumpur and planned to move 15,000 people for the centre.
“Unfortunately, the Malaysian bureaucracy did not appreciate it. We faced numerous delays in trying to get approvals for sending people over,” he said in his briefing to Najib’s delegation.
The Nasdaq-listed global Indian firm, currently valued at US$17bil (RM61.2bil), marked its 25th anniversary recently by hitting a record revenue of US$2bil (RM7.2bil).
It has 52,000 employees spread out in countries across the world.
The Infosys boss, who will be retiring next month, said the company has since set up the centre in Mauritius but is still keen to work with Malaysia on IT-related projects.
Najib assured him that Malaysia would certainly look at easing existing rules which posed obstacles to the industry and study the requirements of the companies, adding that generally, visa regulations have already been relaxed considerably.
Infosys’ head of human resources, T.V. Mohandas Pai, who also spoke at the briefing, said professionals from the company and their associates faced many obstacles, the main one involving entry visas and extended stays.
Najib, who visited another Indian IT giant, Wipro Technologies, yesterday, is scheduled to visit Bharat Electronics Ltd here today, before flying home.

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