MDEC part­ners San Jose Sil­i­con Val­ley Cham­ber of Com­merce

The Sun (Malaysia) - - SUNBIZ -

PALO ALTO: The Malaysia Dig­i­tal Econ­omy Corp (MDEC), through its United States af­fil­i­ate MDeC Amer­i­cas Inc, and the San Jose Sil­i­con Val­ley Cham­ber of Com­merce an­nounced a part­ner­ship in­volv­ing the cham­ber’s re­gional de­vel­op­ment pro­gramme Sil­i­con Val­ley IDEA (Ini­tia­tive to Drive Eco­nomic Ad­vance­ment).

The part­ner­ship looks to grow the bidi­rec­tional flow of ta­lent, cap­i­tal, ideas and in­no­va­tion be­tween the two re­gions re­lat­ing to the dig­i­tal econ­omy, in­for­ma­tion and com­mu­ni­ca­tions tech­nol­ogy, lever­ag­ing Sil­i­con Val­ley IDEA as well as the broader de­vel­op­ment and col­lab­o­ra­tion plat­forms af­forded by the cham­ber, MDeC Amer­i­cas and MDEC.

An­tic­i­pated out­comes in­clude grow­ing the trade of dig­i­tal prod­ucts and ser­vices be­tween Sil­i­con Val­ley and Malaysia, ex­pand­ing the use of Malaysia as Sil­i­con Val­ley’s strate­gic gateway to the multi­na­tional Asean re­gion, and con­nect­ing Malaysian and Asean re­gion en­trepreneurs and com­pa­nies to Sil­i­con Val­ley fi­nan­cial, in­tel­lec­tual and re­la­tional cap­i­tal.

“Sil­i­con Val­ley has long been the world’s lead­ing dig­i­tal in­no­va­tion ecosys­tem, and there­fore one that Malaysia, with its far­reach­ing strate­gic ob­jec­tive to be­come one of the world’s lead­ing dig­i­tally-driven economies, must be a part of,” said MDEC CEO Yas­min Mah­mood.

She said its re­la­tion­ship with the San Jose Sil­i­con Val­ley Cham­ber of Com­merce and part­ner­ship in Sil­i­con Val­ley IDEA builds upon the es­tab­lish­ment of the MDeC Amer­i­cas Sil­i­con Val­ley pres­ence in 2015 and the many pro­grammes and col­lab­o­ra­tions al­ready un­der­way.

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