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DIGITAL ECONOMY:MALAYSIA’S NEW ERA OF

BUSINESS GROWTH

DATO’ NG WAN PENG

CHIEF OPERATING OFFICER

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MALAYSIA’S DIGITAL ECONOMY DEVELOPMENT

Birth of

Multimedia Super

Corridor (MSC)

1996

NTT, 1st

company

awarded as

MSC status

Data

Center was

identified

as National

Key

Economic

Area

2020

1997

2000

Shared

Services &

Outsourcing

as a focus

industry

20% of

GDP

The launch of

National BDA

Framework,

National IOT

Roadmap

2008

World

Congress

on IT

(WCIT) in

KL

2010Digital

Malaysia

Initiative

was

introduced

20132015

The launch

of National

eCommerce

Roadmap

2016

DFTZ

Goes

Live

2017

18.3% Digital

Economy

contribution

to GDP

Achieved

Target

Industry

4.0

roadmap

2018

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Connecting businesses and people to

their digital future.

We help to build a vibrant digital economy in Malaysia which attracts companies, builds talent and attracts investment while enabling Malaysia to play a leading part in the global digital revolution.

Tech Talent Development

Digital Adoption Digital Entrepreneur-ship

and Adoption

Total Investment 1997-2018

US$82.5B

MALAYSIA IS A RECOGNISED INVESTMENT HUB FOR THE

DIGITAL ECONOMY

Japan is among top 10 Digital Investor in Malaysia

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NTT was the 1st company accorded the MSC status in

1997. The company is still going strong in Malaysia

with the continued investment and expansion

NTT has invested in Malaysian Digital companies such as

Soft Space and iPay88 to fuel their growth and expansion across Southeast Asia and the Asia Pacific

HIGH IMPACT OPERATIONS IN MALAYSIA

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MNCs & SMEs

STARTUPS & SCALEUPS

FISCAL & NON

FISCAL

INCENTIVES

TALENT

POOL

PROGRAM

BUSINESS

MENTORS

VC

ECOSYSTEM

TECH

PARTNERS

FOUNDERS

NETWORK

MATURE

BUSINESS

ECOSYSTEMAFFORDABLE

COST OF

DOING

BUSINESS

TECHNOLOGY

ENTERPRENEUR

VISA

DIGITAL

ECONOMY

FRIENDLY

POLICIES

WORLD-CLASS COMMUNICATIONS INFRASTRUCTURE + ROBUST & PROGRESSIVE FINANCIAL SYSTEMS

WORLD CLASS

INFRASTRUCTURE

FOREIGN

KNOWLEDGE

WORKER

PROGRAM

HOLISTIC DIGITAL ECONOMY ECOSYSTEM

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DIGITAL ECOSYSTEM INITIATIVES & PROGRAMMES IN KEY

TECHNOLOGY AREAS

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Tech Talent Lifecycle

Nurture future tech talent pipeline

School Students

Strengthen tech graduate employability

Tertiary Students

Sustainable Career Growth

Existing Workforce Latent Talent

Economic Inclusion

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HOLISTIC TALENT PIPELINE TO MEET CURRENT AND FUTURE

NEEDS

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FINTECH

INDUSTRY 4.0 DC & CLOUD

CREATIVE MEDIA

TECHNOLOGY

SMART CITIESBLOCKCHAINCYBERSECURITY

OPPORTUNITIES FOR JAPANESE DIGITAL INVESTORS

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ASEAN - Quick Facts

7th largest economy in the

world with GDP of USD2.6

trillion

3rd largest market in the

world with 640 million

people

370 million internet users

with yearly double digit

growth

The explosive growth of the

digital economy of

Southeast Asia has fostered

the growth of tech unicorns

GATEWAY TO ASEAN and beyond

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Dato’ Ng Wan Peng

COO, Malaysia Digital Economy Corporation

@WanPengMDEC

Close collaboration with MAJECA-JAMECA in supporting

Japanese Digital Companies to expand into ASEAN