The Malaysia Digital Economy Corporation (MDEC) welcomes the Minister of Communications and Multimedia Malaysia Saifuddin Abdullah’s year-end message "Tahun 2021 Mara Ke Hadapan", which called for companies to focus on transparency, accountability, and integrity. It has also reaffirmed its commitment to implementing significant change in its operating model and people culture.
The move comes a month after MDEC restructured itself to focus on four key thrusts - digital talent, digital business, digital investments, and digital MDEC. In November, MDEC said under the restructure, people, industry and investors will benefit from streamlined access to relevant subject-matter expertise, programmes and financial support initiatives. According to MDEC's chairman Wira Dr Hj. Rais Hussin, the organisation's "Reinvent" agenda is crucial to inject new, fresh ideas, enthusiasm and skills.
"If we are to realise our vision of Malaysia 5.0 and establish Malaysia as the heart of digital ASEAN, there must be a paradigm shift in our approach. The 4IR has the power to move society into the informational age," he said.
He added: "With the deep integration of 4IR technologies at every level of society; individual, industry, government and environment, we can democratise the process of wealth creation back in the hands of the people. We hope this mission to realise Malaysia 5.0 will be a significant step to bring the digital economy for the many, and shared prosperity for all in 2021 and beyond."
In his year-end message, Saifuddin said the digital economy is still an important factor for Malaysia's economic growth, especially when the country's GDP is projected by the World Bank to grow by 6.7% in 2021. He added that the Communications and Multimedia Ministry will also speed up JENDELA, a plan to improve the country's digital infrastructure, in the country's interior, Sabah, and Sarawak.
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