Malaysia Digital Economy Corporation is readying for the 12th Malaysia Plan as the agency will be playing a key role in the transformation agenda towards digitalisation, a main aspect of the 5 year plan.
Themed “A Prosperous, Inclusive, Sustainable Malaysia” – the 12MP aims to steer Malaysia out of the COVID-19 pandemic effect and put the economy back on track. Efforts to achieve this will focus on digitalising micro, small and medium enterprises (MSMEs) to broaden market access and facilitating strategic and quality digital investment.
MDEC on its part will intensify efforts to encourage MSMEs to adopt digital technologies in production, processes, and business services, mainly in the back-end of business operations. The 12MP also includes the positioning of Malaysia as the ASEAN digital centre, given the country’s strong capability in cybersecurity solutions and digital content products.
“We will continue to push forward initiatives to establish a progressive and inclusive digital economy in line with our vision as well as the goals of the Malaysia Digital Economy Blueprint (MyDIGITAL),” said Mahadhir Aziz, CEO, MDEC.
MDEC’s initiatives such as eRezeki, eUsahawan and Global Online Workforce (GLOW) have collectively brought more than RM2.153 billion in income generated. More recently, MDEC has kicked off the 2021 edition of the 100 Go Digital Coaching programme, which aims to enable businesses in key sectors to move towards digitalising their businesses to remain competitive, sustainable, and profitable amidst the pandemic.
Among its initiatives, the agency kickstarted the Go-eCommerce Onboarding and Shop Malaysia Online campaigns that will benefit 300,000 local businesses, from 2017 to 2020, MDEC has helped 489,000 SMEs adopt ecommerce, with companies using eCommerce for export growing from 1,800 to 27,000.
The Digital Investments Future5 (DIF5) strategy, a five-year plan focusing on five key thrusts, is aimed at attracting investments and advancing Malaysia’s digital economy. By 2025, MDEC aims to have landed catalytic and high-quality digital investments to unlock new drivers of growth, which will be supported and facilitated by the Digital Investment Office (DIO).
Other that it also has Digital Skills Training Directory, for instance, serves as a one-stop guide to digital reskilling and upskilling via a catalogue of 250 courses and online training providers that have been specifically reviewed and endorsed by MDEC’s Talent Expert Network.
