Malaysia is consolidating its innovation ecosystem as Futurise Sdn Bhd moves from Cyberview Sdn Bhd to become a subsidiary of Malaysia Digital Economy Corporation (MDEC), a strategic shift aimed at driving greater coordination and impact in national digital economy initiatives.
Digital Minister Gobind Singh Deo said the move aligns key innovation assets under MDEC, enabling a “more cohesive and powerful engine for innovation, regulatory agility, and high-impact digital initiatives”.
Futurise will continue to lead the National Regulatory Sandbox (NRS), promote ease of doing business and accelerate industry-led research and societal innovation with enhanced scalability.
Under MDEC, Futurise will expand its focus on regulatory modernisation, policy advisory and next-generation technologies including artificial intelligence (AI), supporting Malaysia’s goal to become a leading AI nation by 2030.
The NRS will provide a controlled environment for testing technology solutions, deepening industry collaboration, and helping government adoption of innovations that benefit the public.
MDEC CEO Anuar Fariz Fadzil said bringing Futurise into MDEC consolidates Malaysia’s innovation capabilities, strengthens collaboration with ministries and industry and accelerates the commercialisation of new technologies.
Echoing Anuar Fariz’s comment, Cyberview CEO Kamarul Ariffin Abdul Samad said Futurise’s transition reflects the maturation of a startup into a national asset, exemplifying a “whole-of-government” approach to digital advancement.
