UAE, Malaysia look to strengthen digital economies

  • Date: 15-Jan-2022
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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UAE, Malaysia look to strengthen digital economies

UAE - Investors from the UAE that are looking towards initiatives which will strengthen the digital economy of the country should look towards the ASEAN economies, especially Malaysia, which has long stood as a beacon of innovative digital technologies, officials said at the Malaysia Digital Economy Week at Expo 2020 Dubai. The Malaysian Communications and Multimedia Ministry, together with Malaysia Digital Economy Corporation (MDEC), recently kicked-off the event at the Malaysian Pavilion of the world expo, which is set to generate RM300 million worth of potential trade and investment opportunities, as well as securing 50 business leads from across the globe. The Digital Economy Week at Expo 2020 Dubai marks the soft launch of Malaysia Digital, the enhanced and revamped programme succeeding the MSC Malaysia, which has been in operation for 25 years. The new and enhanced initiative will serve to accelerate Malaysia’s digital economy and create substantial digital economic spill-over through equitable access to digital tools, knowledge, and income opportunities. Malaysia Digital is also set to enhance Malaysia’s value proposition to attract digital investments through a new framework centred on three primary components: Agility, Flexibility, and Relevance. “We are definitely refreshing the multimedia supercorridor offering that we launched 25