Malaysia has potential to be Asean digital capital


HOLDING the potential to become a robust digital economy and digital hub for the region, Malaysians must be digitally skilled while the country needs digitally powered solutions and be recognised as a digital investment.

Malaysia Digital Economy Corp CEO Surina Shukri (picture) said each of these would drive towards the country becoming the centre of interest, excellence and innovation.

“To be the centre of interest means that Malaysia is at the centre of excellence for digital infrastructure, resources and capabilities, while innovation focuses on products and business models,” she said at the virtual panel discussion titled “Realising Malaysia’s Aspiration to be the Asean Digital Capital” hosted at the Malaysia Tech Month today.

Huawei Malaysia Cloud and AI Business Group VP Chee Siong Lim said the company considers Malaysia as a very strategic location to serve the Asean capitals.

“Malaysia can be the Asean startup hub, Islamic hub and artificial intelligence (AI) hub, in which it is well-positioned for and Huawei is looking forward to further work with,” he said.

He added that to make that work, there needs to be high collaboration and partnership between the public and private sectors.

“The partnership between the public and private sectors would accelerate the rollout of 5G and encourage cloud-first adoption, which would then digitalise the economy especially moving forward into the Industrial Revolution 4.0.

“However, the partnership requires strong policy support from the government as well,” he said.

According to the Department of Statistics Malaysia, the information communications and technology sector itself has contributed 18.5% to the national economy as of 2018, with a value of RM267.7 billion.

Similarly, the e-commerce sector has added RM115.5 billion to the gross domestic product, marking rapid growth and great potential in digitalisation for the country to further position itself as a hub in digital as well as business for the region.