- Solid Investment momentum to produce 6, 480 jobs will strengthen M’sia’s electronic leadership
- Digital Penang and MDEC signed a MoU to promote digital technology deployment and further support northern businesses ‘ growth.
Malaysia’s electronic economy is still growing, emerging as a corporate website of development that generates work, opens new opportunities, and fosters regional development for businesses and the rakyat across the country. According to a statement from the Malaysia Digital Economy Corporation ( MDEC ), the total approved investments under the Malaysia Digital ( MD) initiative reached US$ 3.7 billion ( RM16. 2 billion ) between January and April this year, backed by strong global investor confidence.
Gobind Singh Deo, the minister of modern, stated during the official opening of the Northern Regional Office of the Ministry of Digital that this powerful investment momentum is anticipated to result in 6, 480 job openings and develop Malaysia’s position as a local modern leader.
” These new opportunities will help Malaysians find more fulfilling career, while also developing a new generation of innovators and digital expertise to contribute to our country’s future growth,” he continued.
Artificial Intelligence ( AI ) firms held the top position among the 148 companies that were given MD status during that time, 27 %, followed by the Data Centre &, Cloud subsectors ( 23 % ) and Global Business Services ( 11 % ).
This powerful purchase speed, according to MDEC CEO Anuar Fariz Fadzil, reflects the confidence that global investors place in Malaysia’s online habitat. We are going beyond developing capabilities to develop a regional culture of innovation that fosters long-term development and opportunity with world-class infrastructure, economical talent, and liberal policies under Malaysia Digital.
The MD Open Day was held by MDEC to celebrate the opening of the Northern Regional Office of the Ministry of Digital. It was intended to highlight important initiatives, promote public-private engagement, and foster meaningful speech on talent development, innovation, and modern adoption. The event even demonstrated the government’s commitment to local cohesion and position.
A Memorandum of Understanding was signed by MDEC and Digital Penang at the time of the occasion. The collaboration aims to encourage the adoption of modern technologies, including blockchain, cybersecurity, AI, and great data. Additionally, it aims to promote skill development, mentorship, funding assistance, and access to international markets, giving startups and SMEs in the northwestern region the ability to expand and compete internationally.
As Malaysia Digital’s imprint grows, we will continue to work together to ensure that no state or community is forgotten in the process of online change. We are bridging national techniques with local murder through activities like MD Open Day and regional partnerships, according to Anuar.
Additionally present at the MD Open Day were sector representatives from MD-recognised firms, including Penang Deputy Chief Minister II, Jagdeep Singh Deo A/L Karpal Singh, Zairil Khir Johari, EXCO for Infrastructure, Transport, and Digital of Penang, and Syed Ibrahim Syed Noh, Chairman of MDEC.
Visit https ://mdec.my/malaysiadigital for more information on MDEC’s initiatives and digital investment support.