GEORGE TOWN, Jan 4 – Kerry Logistics Network Limited (KLN), a leading logistics service provider in Asia, opened its first IT Development Centre in One Precinct, Penang here on Monday, to harness internet technology in support for its rapidly growing international operations.

The opening ceremony was officiated by Penang Chief Minister Lim Guan Eng, COO of Multimedia Development Corporation (‘MDeC’) Malaysia, Dato’ Ng Wan Peng. Also present were Chairman of Kerry Logistics George Yeo, Director of Kerry Logistics IT Services Wilson Lee, General Manager of Invest Penang Loo Lee Lian and Senior Executive Officer of Penang Institute Steven Sim Chee Keong.

KLN operates here are as a shared services center to provide IT Application Development & Maintenance for Global Logistics Supply Chain to KLN. KLN is a global conglomerate with annual turnover of USD 250 million (RM1.08 billion) and worldwide workforce of 20,000. The headcount for the Penang office is around 10 and it is expected to expand to cover 30 by 2016 and more than 50 by 2017.

“Penang was a hub for software talents and a place where they were able to live and work comfortably in. There is great potential in Penang. The government has played an important role in promoting IT development of this city, making it one of the preferred Asia technology bases of many international IT giants,” said Chairman of Kerry Logistics George Yeo.

“Establishing our IT centre here will provide us readily available local IT resources, a strong pool of multilingual talents and good infrastructure support. We expect double digit growth over the next few years,” he said after the opening of the new office at One Precinct in Bayan Baru here on Monday.

Earlier, Chief Minister Lim Guan Eng pointed out in his speech that the cumulative investments for Global Business Services (GBS) companies with Multimedia Super Corridor (MSC) status between 2009 and 2014 had reached RM4.07 billion. He said GBS sector here is also providing more than 8,000 high income jobs to locals and serving both regional and global markets.