To enhance the newly launched Malaysia Multimedia Super Corridor (MSC-Malaysia) in 1997, the Malaysian Government put forward a plan to build a new Information Communication Technology (ICT) city. Thus, Cyberjaya was developed as a vital ingredient to the country's policy and ideals of looking towards ICT as an engine of growth for the future economy.

The Government identified the development of a zone within Cyberjaya, known as the Cyberjaya Flagship Zone (CFZ), designated for activities related to MSC-Malaysia. Established on 28 March 1997, Setia Haruman was entrusted with the responsibilities as the Master Developer of Cyberjaya to develop the city's physical infrastructure as well as facilities. Apart from developing this area, Setia Haruman has been appointed to sell land to sub-developers and individual purchasers. Setia Haruman also offers assistance to MSC-status companies in obtaining appropriate land and approvals for the construction of their premises. It is also responsible for developing residential units for the Cyberjaya population.

Today, Setia Haruman has successfully transformed Cyberjaya into an intelligent city with world-class standards and facilities, making it the country's first and premier ICT city.