‘Nationwide effort needed for robust digital ecosystem’

A robust and thriving digital investment ecosystem requires a nationwide effort, according to Communications and Multimedia Ministry secretary-general Datuk Seri Mohammad Mentek.

He said the Digital Investment States Summit 2022, organised by the Malaysia Digital Economy Corporation (Mdec) from March 29 to 31, served as a platform to foster collaboration, which is crucial for making Malaysia a prime digital investment destination.

He added that this would spur investments by developing new key sectors across the country.

The summit, supported by the Malaysian Investment Development Authority (Mida) through its Digital Investment Office (Dio) initiative, was focused on sharing Malaysia’s National Digital Investment Strategy, and aligning investment pursuit strategies with each state’s investment promotion agencies (IPA).

It also aimed to bolster the country’s digital investment aspirations and value propositions, and ultimately create a one-nation approach to ensure synergy and collaboration to attract digital investments to Malaysia.

Mida chief executive officer Datuk Arham Abdul Rahman said it was encouraging to see the IPA of each state active during the summit.

“Mida, in collaboration with Mdec, has been attracting and facilitating investors in bringing high quality digital investments through the Dio initiative.

“This is also in line with the MyDIGITAL Blueprint and National Investment Aspirations to transform new and existing economic clusters into digital enablers, creating high income jobs, and encouraging digital upskilling of local workforce and businesses.”

Mdec chief executive officer Mahadhir Aziz said the summit was aligned with Mdec’s aspirations as part of the Malaysia Digital initiative to expand digital investments beyond designated locations to a nationwide engagement.

“Each IPA in Malaysia is tremendously important in driving digital investments to Malaysia – imagine what we can do through the power of collaboration in growing Malaysia’s digital economy.”

According to the joint statement issued by Mdec and Mida, the summit has established an ideal platform for amplifying investment multiplier effects.