GEORGE TOWN (Malaysia), 13 Sept (NNN-Bernama) — Malaysia is in a good position to achieve the RM70 billion (US$15.5 billion)\u00a0digital investment target by 2025, in line with the country\u2019s digital economy blueprint.<\/p>\n\n\n\n
Prime Minister Ismail Sabri Yaakob said Malaysia plays an important role as a digital investment hub in ASEAN. <\/p>\n\n\n\n
\u201cWith world-class infrastructure, a holistic digital ecosystem, and highly skilled digital talent, Malaysia can be a major digital investment destination in ASEAN,” the premier said at the official ceremony for the World Congress on Innovation & Technology (WCIT 2022) here Tuesday.<\/p>\n\n\n\n
Since the MSC Malaysia initiative was launched in 1996, the country has attracted digital investments worth RM384 billion (RM1 = US$0.22) and generated 180,000 jobs as well as RM588 billion in revenue, according to the prime minister. <\/p>\n\n\n\n
\u201cAfter 26 years, MSC Malaysia has been rebranded as Malaysia Digital (MD). MD will transform the national digital ecosystem and drive more direct high-impact programmes for Malaysians,” he added.<\/p>\n\n\n\n
Ismail Sabri noted that although MD was only launched in July, it has managed to attract foreign direct digital investments worth RM42 billion in only two months.<\/p>\n\n\n\n
\u201cThese investments came in via 28 foreign companies which are involved in data centres, IT services, technological creative content, and global business services or GBS,” he said.<\/p>\n\n\n\n
Meanwhile, domestic digital investments have hit RM4.76 billion up to Aug 24, 2022. <\/p>\n\n\n\n
\u201cThrough this effort, 6,000 high-value jobs have been created and it will continue to grow going forward,\u201d the premier said.<\/p>\n\n\n\n
The government has formulated a digital ecosystem to spur innovation through initiatives such as MyDigital, which includes the digital economy blueprint and the Fourth Industrial Revolution (4IR) policy, he added.<\/p>\n\n\n\n
\u201cThe MyDigital initiative also supports the country\u2019s development through the 12th Malaysia Plan to transform Malaysia into a high-income nation driven by digitalisation, and to be a regional leader in the digital economy,\u201d Ismail Sabri said.<\/p>\n\n\n\n
— NNN-BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"
GEORGE TOWN (Malaysia), 13 Sept (NNN-Bernama) — Malaysia is in a good position to achieve the RM70 billion (US$15.5 billion)\u00a0digital investment target by 2025, in line with the country\u2019s digital economy blueprint. Prime Minister Ismail Sabri Yaakob said Malaysia plays an important role as a digital investment hub in ASEAN. \u201cWith world-class infrastructure, a holistic digital […]<\/p>\n","protected":false},"author":30,"featured_media":177807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/191108"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=191108"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/191108\/revisions"}],"predecessor-version":[{"id":191109,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/191108\/revisions\/191109"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/177807"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=191108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=191108"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=191108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}