I came across a BBC article on the MSC, and felt the need to say my two sen worth.
Ten years ago, the Malaysian government launched one of the unfairly labelled mega projects called the Multimedia Super Corridor ("MSC").
The project was met with either awe or criticism. It was awe inspiring in the sense that it was so visionary for a country which was still pretty much trying to compete with its neighbours for manufacturing investment on the basis of cheap labour. It generated awe because the vision was simple and held a lot of truth: if Malaysia wanted to be competitive, it needed to focus on knowledge-based resources as opposed to low cost of doing business. Today, countries like China and India are attracting most of the investment by offerring precisely the low cost environment for businesses.