- Partnership to enhance Malaysia’s digital market, promote global tech standing
- 7 American firms in M’sia committed to education and hiring at least 5k , individuals
Pikom, the National Tech Association of Malaysia has announced the filing of a MoU , with nasscom, the trade system and chamber of commerce of the software industry in New Delhi, India, on August 21. This agreement is set to create significant opportunities for Malaysia’s electronic economy, reinforcing the world’s sitting in the global tech environment, the organization said in a speech.
The MoU was signed during Anwar Ibrahim’s state visit, which highlighted the deepening relationships between Malaysia and India in the engineering industry. The occasion was graced by Gobind Singh Deo, Malaysia’s Digital Minister.
The Digital Ministry just announced that at least 5, 000 Malaysians will be trained and hired by seven international American firms with occurrence in the country. At the same time, at a conference in New Delhi, the Malaysia Digital Economy Corporation ( MDEC ) and nasscom signed a memorandum of understanding.
Pikom stated that it will use nasscom’s cooperation to help with this endeavor. The MoU marks a critical step in the agency’s efforts to further promote Malaysia’s modern business by fostering innovation, enhancing business admittance, and strengthening diplomatic relations between Malaysia and India.
The main areas of interest for this MoU include:
- Facilitating Mutual Exchange of Information: Both parties will exchange insights on the tech industry landscapes of India and Malaysia, including recent shifts, challenges, and potential growth areas. This exchange will help businesses in both countries learn how to navigate and understand one another’s markets.
- Plans to organize and support collaborative events, both virtual and in-person, to increase collaboration between Malaysian and Indian technology companies.
- Engaging Subject Matter Experts: Nasscom and Pikom will invite industry experts to share case studies and offer advice on growth strategies, best practices, and other relevant topics, assisting businesses in both nations to achieve greater success.
- Fostering Networking Opportunities: The agreement includes provisions for organizing networking opportunities between Indian and Malaysian IT companies, focusing on collaboration, research and development, and joint go-to-market strategies.
- Establishing Special Interest Groups: A Special Interest Group will be established to facilitate the Malaysian market’s use of joint industry positioning and promote collaborative efforts.
Ong Chin Seong, Pikom’s chairman, stated,” Pikom is thrilled to strengthen its cooperation with nasscom through this MoU. We aspire to develop this into a stronger, comprehensive strategic partnership in the same way that the relationship between Malaysia and India has evolved over time. Through knowledge sharing and joint initiatives, we aim to create a more vibrant and interconnected ecosystem”.
Meanwhile, Rajesh Nambiar, chairperson of nasscom, said,” This MoU signifies a new chapter in the relationship between the Indian and Malaysian tech industries. We are committed to expanding this collaboration, which will not only expand the scope of both countries ‘ markets but also encourage innovation and growth in the region.