Malaysia’s digital economy is expected to maintain its strong growth trajectory, fueled by proactive digital policies, particularly in AI, and ongoing talent development initiatives. MDEC CEO Anuar Fariz Fadzil emphasizes the importance of public-private partnerships in driving innovation and achieving the nation’s digital economy contribution goals.
MALAYSIA 17 February 2025 – Malaysia’s digital economy is set to remain a key driver of growth, with its potential to stimulate innovation, boost productivity, and create new business models across various sectors.
According to Anuar Fariz Fadzil, CEO of Malaysia Digital Economy Corporation (MDEC), the country’s forward-thinking digital policies, especially in Artificial Intelligence (AI), and its focus on nurturing digital talent have solidified Malaysia’s position as a leading digital hub in the region.
Anuar highlighted the crucial role of collaborations between the public and private sectors in advancing Malaysia’s leadership in cutting-edge technologies like AI and quantum computing. He emphasized the transformative potential of these technologies across key industries, including manufacturing, finance, and services. MDEC remains committed to supporting Malaysia in achieving or exceeding its target of a 25.5% digital economy contribution to GDP by the end of the year.
The organization’s strategy involves implementing initiatives that accelerate digital transformation, cultivate digital talent, and promote technology adoption among businesses. MDEC’s overarching goals include enhancing the competitiveness of small and medium-sized enterprises (SMEs), attracting high-quality investments, and developing a digitally skilled workforce that is well-prepared for the future of work.
