Located at Johor, the southern tip of Malaysia, the park is scheduled to be opened in March 2001 and is currently entering into negotiations with potential clients.
"We have found that relocation and international expansion plans have a significant lead-time, and UNI-IT Park is pleased to enter into negotiations with Australian companies now and in the lead-up to the facility opening," said Dr V Kanapathy, UNI-IT Sdn Bhd Park's director.
With the Asian economies generally in recovery mode, led by Singapore and Malaysia, there is huge potential for IT uptake, according to Kanapathy.
The bulk of the technology park is already leased to JIITEC, a Malaysian-registered IT incubator. Australian exporters wanting to set up a base can either lease office space within JIITEC and have access to incubation facilities or lease space outside JIITEC. Incubation facilities within JIITEC include assistance with legal and marketing activities, among others.
Johor was chosen as the location for the technology park due to its proximity to Singapore, which is "running out of physical and economical space for siting of back-office activities, warehousing and assembly, R&D and startups operations", Kanapathy said.
The location also takes into consideration the forthcoming opening of a second causeway linking Singapore to Malaysia and the upgrading of Johor's Senai airport to regional status.
Currently occupying 1000-plus square meters, UNI-IT Sdn Bhd plans to expand the technology park to triple its current size by 2006.