A landmark MoU was signed between the Malaysian Communications and Multimedia Commission (MCMC) and MIDA on 4 July 2024, establishing a foundation to strengthen 5G technology in Malaysia. The MoU outlines initiatives to expand 5G access and infrastructure, with MCMC providing technical support and training, while MIDA will promote awareness and adoption of 5G’s benefits within industries.

Minister of Investment, Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Abdul Aziz emphasised that this collaboration supports small and medium enterprises (SMEs) in Malaysia’s industries. The use of 5G to improve operational alignment, reduce costs, and enhance product quality will create greater opportunities for SMEs to compete in the global market. 

MIDA CEO, Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, noted that MIDA is committed to creating a conducive environment, particularly in ensuring 5G coverage is available in industrial areas. The integration of 5G technology will not only boost productivity in the manufacturing and services sectors but also position Malaysia as a leader in digital innovation in the region, driving economic growth and enhancing the country’s global competitiveness. 

As of May 2024, Malaysia’s 5G coverage has reached 81.7%, with 14.1 million subscriptions, reflecting a strong push towards a digitally advanced economy.