The Malaysia Digital Economy Corporation (MDEC) has unveiled its Digital Investments Future5 (DIF5) Strategy, a five-year plan concentrating on attracting investments and promote Malaysia’s digital economy. Under the 12th Malaysia Plan (12 MP), the five-year project will run from 2021 to 2025 with the goal of securing high-quality digital investments and unlocking new drivers of growth in the digital economy. The DIF5 strategy will aims to attract around RM50 billion as investments in the digital economy, accelerate emerging technology deployment, and attract digital global commercial services to Malaysia.
The emerging technologies will include promotion of advanced robotics, drone technology, edge computing, extended reality and blockchain. These are expected to optimise operations while also increasing cost-effectiveness and are in line with Malaysia’s National Investment Aspirations (NIA). MDEC will also ramp up efforts to expand the Digital Global Business Services and promote the use of data analytics, robotic process automation and knowledge engineering.