During the recent Global Growth Acceleration (GGA) Kick-off 2020, Surina Shukri, Chief Executive Officer of Malaysian Digital Economy Corporation (MDEC), encouraged Malaysian tech companies to show off to the world, amplify their success stories without reservations.
“The GAIN Programme has achieved amazing results, yielding a cumulative export revenue of over RM4 billion and we have also witnessed an upward trend of Malaysian tech companies expanding exponentially into the region. Hence going forward, we will be expanding our agenda as far as global engagement is concerned,” Surina said.
The newly formed GGA division will lead MDEC’s Global Acceleration and Innovation Network (GAIN) Programme to assist high-potential Malaysian headquartered tech companies to soar on the global stage.
“The time is right for tech entrepreneurs around the world to capitalise on Malaysia’s potential as the ‘Heart of Digital ASEAN’, Surina added. Malaysia is increasingly recognised for digital initiatives in ASEAN and has been rolling out business-friendly intiatives and policies to encourage more foreign direct investment.”
Gopi Ganesalingam, MDEC Vice President of GGA also shared the same mandate of the new division and key initiatives stating that the GAIN Programme will be kicking off 2020 by embracing prolific tech startups to leverage on the tried and tested growth-intervention strategies at all growth stages.
ASEAN is on track to become the world’s 4th largest economy by 2030 and the Economic Research Institute for ASEAN and East Asia (ERIA) projects is expected to increase from USD31 billion in 2015 to USD197 billion by 2025.
With over 200 strategic partners, the GAIN Programme has positioned itself as a credible business growth enabler that has united the digital ASEAN landscape.
During the event, founders of three prominent Malaysian tech companies – Forest Interactive, Innovate2U and Softspace, shared their challenges as well as the success attained through the assistance of the GAIN Programme.