Malaysian Ministry of Digital to Launch Digital Roadmap in June

The Malaysian Ministry of Digital is set to launch a new digital roadmap in June 2023, aiming to align Malaysia's digital capabilities with those of neighboring countries like Singapore, Korea, and Thailand. The plan will focus on three core areas: a Digital Malaysia, a Digital Economy, and Digital Communities, to improve digitalization at all levels.

The ministry is currently discussing the plan with seven related agencies to ensure it provides balanced and equal opportunities for digital development in both urban and rural areas. "The ministry will launch its new direction through three cores: Malaysia Digital, Digital Economy, and Digital Community to enhance digital aspects at all levels," according to a statement from the ministry.

A key focus of the roadmap will be improving 5G coverage, especially in rural areas and East Malaysia, to provide equal digital opportunities. The ministry is also working to update the Public Sector Strategic Digitalisation Plan (PSPSA) that is set to expire in 2025, to better meet the country's current digital needs.

Why this matters: The digital roadmap is part of the Malaysian government's efforts to position the country as a regional hub for technological innovation and digital advancement. It aims to develop local talent, enhance digital infrastructure, and implement progressive policies to support the growth of the digital economy.

In line with these goals, the ministry is partnering with companies like Activpayroll, which has invested RM167 million to set up a new office in Malaysia. Activpayroll's Kuala Lumpur office will serve as its primary Global Support Service Centre for global and APAC operations, strengthening Malaysia's position in the Asia-Pacific region and supporting its aim of becoming a hub for skilled digital talent.

Additionally, Grab-backed digital bank GXBank is on track to establish a regional center of excellence (COE) for shared services in Malaysia by the end of 2024, as part of a MYR 1.5 billion investment into the country over the next five years. The COE will focus on core banking activities and leverage Malaysia's dynamic infrastructure and progressive policies. GXBank and Grab have also partnered with Endeavor Malaysia to mentor high-potential entrepreneurs and accelerate their growth through various programs.

The Malaysian Ministry of Digital's upcoming digital roadmap launch in June 2023 represents a significant step in aligning the country's digital capabilities with regional leaders. By focusing on key areas like 5G coverage, public sector digitalization, and partnerships with global companies, Malaysia aims to become a digital hub and cultivate high-value skills that will enhance the region's digital economy.

Key Takeaways

• Malaysia to launch digital roadmap in June 2023 to align with regional leaders.
• Roadmap to focus on Digital Malaysia, Digital Economy, and Digital Communities.
• Improving 5G coverage, especially in rural areas, is a key focus.
• Partnerships with global companies like Activpayroll and GXBank to strengthen digital hub.
• Roadmap aims to develop local talent, enhance infrastructure, and support digital economy.