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ICICI Bank

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The Malaysian example

Kochi, which is eagerly waiting for the setting up of the Smart City project, can take a leaf out of the Malaysian example of the Super Corridor project, which has ushered in all-round development.

Take the case of Islamic banking. Malaysia has positioned itself as the mecca for Muslim finance, having created the world’s first Islamic inter-bank money market. As many as 265 Islamic banks and other financial institutions are now operating i n some 40 countries, with total assets above $ 262 billion. Many MSC (Malaysia Super Corridor) companies form the backbone of reliable application networks, security and other services supporting this industry. Could Kochi be far behind?

K. Venkiteswaran

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