Malaysia Digital will drive the growth of the country’s digital economy, says PM

KUALA LUMPUR (July 4): The government has developed Malaysia Digital (MD), an initiative to accelerate the growth of the country’s digital economy, guided by three key principles: flexibility, agility and relevance.

Prime Minister Datuk Seri Ismail Sabri Yaakob said the initiative, through MD Catalytic Programs (PEMANGKIN), will work holistically to transform Malaysia’s digital economy ecosystem through three strategic priorities.

“This will help, first, to drive digital adoption among young entrepreneurs, aspiring businesses and individuals. Second, help local tech companies become “Malaysian champions” and successful international players. Third, attract high-value digital investments,” he said as he kicked off the Silver Jubilee celebration of MD and the Malaysia Digital Economy Corporation here on Monday, July 4.

Also present was the Minister of Communications and Multimedia, Tan Sri Annuar Musa.

Ismail Sabri said that the government will initially introduce two PEMANGKIN, namely DE Rantau and Digital Trade programs.

He said DE Rantau is a program aimed at boosting digital adoption and promoting professional mobility as well as boosting tourism across the country, with the aim of making Malaysia the preferred digital nomad hub.

“The activities of digital nomads in the country will have ripple effects beyond simply reviving the tourism sector, which has been affected by the pandemic.

“In fact, it will boost local business and economic activities and provide opportunities for sharing knowledge and experiences with local communities,” he said.

Meanwhile, digital commerce will drive e-commerce and digital adoption by businesses, facilitate cross-border trade and support data exchange between businesses to increase the efficiency, accuracy and credibility of cross-industry transactions and intersectoral.

He also said that through Malaysia’s participation in the Regional Comprehensive Economic Partnership, the program will facilitate greater reach into the global market and therefore bring great benefits to local businesses, especially micro, small and medium enterprises.

Meanwhile, Ismail Sabri said that to ensure the effective implementation of MD, the Cabinet agreed that the Ministry of Communications and Multimedia should establish the Malaysia Digital Coordinating Committee, which will coordinate the governance and operations of MD, including awarding MD status to companies.

He also urged MDEC to create a dedicated platform for industry players to continuously participate and give valuable feedback during the implementation of MD.

“I am confident that through collaboration and consensus among various parties, the MD initiative can be successfully implemented, and the government will pay full attention to enable smooth implementation of MD,” he said. -he declares.

He said the governance and strategic implementation of the MD will be coordinated at the highest levels of government and there will be monitoring and improvements to be made from time to time.

Ismail Sabri also said the country needs to create a more competitive digital workforce and comprehensive infrastructure, as well as continue to ensure the country’s capabilities and capabilities remain world-class.

This, he said, is crucial in enabling the future generation to have the necessary foundations and facilities to continue leading the nation towards a developed digital nation.

At the same ceremony, the Prime Minister announced that the government had granted MD status to the first batch of six companies, namely Bytedance System Sdn Bhd, Bridge Data Centers Malaysia (III) Sdn Bhd, GDS IDC Services (M) Sdn Bhd, Abbott Laboratories (M) Sdn Bhd, Aceteam Connect Sdn Bhd and Peninsula Apex Technologies Sdn Bhd.

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