Putrajaya’s Special Purpose Vehicle To Oversee 5G Rollout

The Government of Malaysia Special Purpose Vehicle (GOMSPV) will oversee the expedition of 5G infrastructure roll under the supervision of the Malaysian Communications and Multimedia Commission (MCMC). 

During the“Connected for Shared Prosperity” Forum in conjunction with the Mobile World Congress 2021, Minister of Communications and Multimedia, Saifuddin Abdullah said Malaysia is adopting a holistic and multiple approach to expedite the implementation of 5G. The implementation of 5G would allow industry key players expand their business activities that in turn will create more job opportunities and bring higher return and productivity.

“Now that the rollout of the 5G progress is now one year earlier from the initial plan. Network providers will continue to strengthen 4G connections nationwide as it will be a foundation to bring a solid 5G bandwidth network,” Saifuddin said. 

Adding to it, the ministry is also set to launch the National Digital Experience Centre as a platform to instill awareness and medium for businesses and users to responsibly share their improved digital literacy with each other.

In a statement, the communication minister also expects more participation from homegrown local talent pool to pave the way for the country’s rapid digitalisation. “We have our local talents and need more tech champions to undertake the tech ecosystem in our country,” he added.

Whereas for digital investment, the ministry will work alongside with Malaysia Digital Economy Corporation (MDEC) and Malaysian Investment Development Authority (MIDA) to attract more foreign investors as they have been the conduit entities in this area. “We must find ways to attract foreign investors both from tech and non-tech segment,” said Saifuddin.

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