Heart of Digital ASEAN (HODA)

Heart of Digital ASEAN (HODA)

MALAYSIA, HEART OF DIGITAL ASEAN

Putting the power of community and technology to deliver a digital future, Malaysia’s flourishing digital economy is one of ASEAN’s bright spots.

 

At the heart of digital ASEAN, strong connectivity, infrastructure and talent make Malaysia the top choice for the world’s leading industries, companies and start-ups. 

WHAT YOU WANT TO DO?

We are here for you

Exploring the benefits of digitalising your business

Expand your business in fast growing global internet market

Intending to penetrate the South East Asia region

In need of business growth support

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About MIDA

Incorporated as a statutory body under the Malaysian Industrial Development Authority (MIDA) Act, the establishment of MIDA in 1967 was hailed by the World Bank as “the necessary impetus for purposeful, positive, and coordinated promotional action” for Malaysia’s industrial development. Today, MIDA is Malaysia’s cutting-edge, dynamic and pioneering force in opening pathways to new frontiers around the globe.

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About MDEC

Malaysia Digital Economy Corporation (MDEC) is a government agency under the purview of the Ministry of Communications and Multimedia Malaysia entrusted to lead Malaysia’s digital economy forward. Incorporated in 1996 to oversee the development of the MSC Malaysia initiative, MDEC’s primary mandate today is to accelerate the growth of digitally-skilled Malaysians, digitally-powered businesses and digital investments in Malaysia. MDEC is focused on creating inclusive, high-quality growth through the nationwide digitalisation initiatives that are in line with the Government’s Shared Prosperity Vision 2030 and firmly establishing Malaysia as the Heart of Digital ASEAN.

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Start and Grow Your Business Opportunities Malaysia

Malaysia is a business hub for Industrial, Supply Chain and GBS activity and one of the world leader in IT location strategically in ASEAN. As IT becomes the value driver across all industries, Malaysia positioned uniquely as the scalable location of choice for knowledge and digital business.

REINVENT MALAYSIA AS A REGIONAL LEADER IN STRATEGIC DIGITAL TECH INDUSTRIES TO UNLOCK NEW DRIVERS OF GROWTH

1

Digital Business Services

  • Mature industry that forms the talent pool base
  • Job creation by new/existing companies
  • Move up value chain to form next-gen tech talent
  • Focus areas: Customer Experience (CX), Intelligent Automation/Robotic Process Automation (RPA), Data Analytics, Knowledge Engineering, Central of Expertise (CoE)

2

Focus Tech

  • Building blocks of digital nation
  • Cross-cutting across all industries
  • Strengthen and grow local champions
  • Focus areas: Artificial Inteligent, Digital Contents Tools, Cloud Computing, Data Centre 7 Cyber-security 

3

Focus Industries

  • Strategic industries for digitalisation, ampped to Nation’s priority sectors
  • High contribution to GDP
  • FDI Tech transfer and local partnership petential
  • Focus areas: AgTech, Clean Tech, HealthTech, Smart Manufacturing
  • Islamic DE & Fintech 

4

Focus Industries

  • ‘Big Bets’ on the future
  • Potential areas - Extended reality, Blockchain, Advanced Robotiics

Aligned with Malaysia’s National Investment Aspirations (NIA)

Increase economic complexity

Create high value jobs

Develop new & existing economic clusters

Extend domestic linkages

Improve inclusivity

Consistent with MOSTI’s 10-10 MySTIE framework and socio-economic drivers

Smart technology and systems

Enviroment & biodiversity

Medical & healthcare

Agriculture & Forestry

Note:

  1. All focus areas are aligned to all national plans including the RMK, NIA, 10-10 MySTIE and the $IR Blueprint
  2. Focus areas are meant to be complementary to all national plans and avoid overlap

What is MyDigital Blueprint?

MyDIGITAL is a national initiative which symbolises the aspirations of the Government to successfully transform Malaysia into a digitally-driven, high income nation and a regional leader in digital economy. 

The Malaysia Digital Economy Blueprint spells out the efforts and initiatives to deliver the aspirations of MyDIGITAL. The Blueprint charts the trajectory of the digital economy’s contribution to the Malaysian economy and builds the foundation to drive digitalisation across Malaysia including bridging the digital divide.

OUR NUMBERS

Malaysia's Digital Penetration Rate

0 %
INTERNET PENETRATION

of total population in 2019

0 %
SMARTPHONE
USERS

of total population in 2019 (Department of Statistics Malaysia)

0 %
BROADBAND PENETRATION

in 2020 (Malaysian Communications and Multimedia Commission)

0 b
INTERNET BANKING PENETRATION

2020 (Bank Negara Malaysia)

0 b
MOBILE PAYMENT MARKET SIZE

in USD expected by 2025 (ResearchAndMarket.com)

0 %
SOCIAL MEDIA
USERS

of total population in 2020 (Hootsuite)

0 min
PER DAY ON SOCIAL MEDIA

1.1x more than global average in 2020 (Hootsuite)

0 M
POPULATION
SIZE

As of 2020 (Department of Statistics Malaysia)

OUR DIGITAL INITIATIVES

MDEC welcomes UK’s 100th MSC Company into Malaysia

The Malaysia Digital Economy Corporation (MDEC) welcomed the latest MSC Malaysia-status company from the United Kingdom, Clarivate, into Malaysia…

MDEC signs declaration of corruption-free pledge, commits to…

The Malaysia Digital Economy Corporation (MDEC) today signed the Declaration of Corruption-Free Pledge with Malaysian Anti-Corruption Commission (MACC)…

MDEC lauds Juwai IQI for creating 1,000 jobs for Malaysians

he Malaysia Digital Economy Corporation (MDEC) is proud to declare its support of the move made by real estate technology group Juwai IQI, to build a data and technology team…

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Malaysia offers a comprehensive set of incentives to encourage investments in digital technology and services

With Malaysia’s strong footing in the manufacturing sector, there should be many opportunities for digital companies to develop, test and/or market 4IR and other manufacturing solutions, both locally and abroad

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Yeo Eng Ping
EY Asia-Pacific tax leader

Need more information?

What is it like to run a business in Malaysia? How to benefit from the solutions and the efficiency of our business culture? What are the opportunities in specific sectors? 

Who to partner up with? 

Let’s us get connected now

REGISTER YOUR INTEREST

FREQUENTLY ASKED QUESTIONS

No. DIO is a joint collaboration between MIDA and MDEC as a single platform to coordinate and facilitate digital investments in Malaysia.

MIDA is Malaysia’s principal investment promotion agency while MDEC is Malaysia’s specialist in investment promotion agency for digital investments.

For general questions relating to DIO, reach out to [email protected].  For questions pertaining to specific programs, reach out to the individual agencies: MIDA or MDEC.