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Juwai IQI to base HQ in Malaysia, aims to hire over 1,000 data and tech staff locally

Juwai IQI to base HQ in Malaysia, aims to hire over 1,000 data and tech staff locally

Lauding this move, the Malaysia Digital Economy Corporation said it is in tandem with the MyDIGITAL initiative to attract RM70bn in digitalisation investment by 2025; roles expected to be hired include data scientists, mobile app developers, and more.

Real estate technology group, Juwai IQI, recently announced it will be basing its headquarters in Kuala Lumpur, Malaysia. The firm plans to move into Millerz Square by Q1 2022, and aims to build a data and technology team of more than 1,000 employees locally.

The Malaysia Digital Economy Corporation (MDEC) has declared its support for this move. In a press release on Wednesday (11 March 2021), the MDEC noted that these new job roles will be digital in nature and are expected to include positions such as platform and mobile app developers, data scientists, and social network community specialists.

In line with this, Kashif Ansari, Juwai IQI Co-Founder and Group CEO, said: "We are making Kuala Lumpur our headquarters for global research and development in part because of the warm welcome and encouragement MDEC has provided. We are excited to play a small part in the further development of Malaysia as the digital hub of the ASEAN region.

“While we also have a technology team in Shanghai, the base in Kuala Lumpur will give us roots in one of the deepest pools of technology talent in the world."

MDEC highlighted that this move by Juwai IQI is in tandem with the Malaysian government's MyDIGITAL initiative to attract RM70bn in digitalisation investment by 2025. "The total of 1,000 jobs offered by the company is also in line with MyDIGITAL's promise to create 500,000 jobs by 2025."

Surina Shukri, CEO of MDEC, said: "MDEC looks forward to Juwai IQI's plans to make Malaysia its tech hub. It's a clear endorsement of investors’ confidence in Malaysia and a testament to the high level of digital skills and capabilities of our country's workforce. The skills demanded today is something MDEC is closely keeping tabs on.

"Our recent analysis among various job search sites, namely LinkedIn, Jobstreet, Monster, Indeed and Jobstore, show an increasing demand for digital jobs. A total of 47,000 tech-related jobs were advertised in all five portals up to February 2021."

On the digital investment front, Malaysia has attracted RM345bn investments to date, creating close to 185,000 jobs. In 2020 alone, new investments by pure-play technology companies amounted to RM3.98bn. Meanwhile, new investments recorded by digital services companies stood at RM2.01bn, altogether creating approximately 9,000 new jobs. 

Photo / IQI Global's website 

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