Malaysia can become ‘Asian Digital Tiger,’ says Fahmi - MIDA | Malaysian Investment Development Authority
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Malaysia can become ‘Asian Digital Tiger,’ says Fahmi

Malaysia can become ‘Asian Digital Tiger,’ says Fahmi

09 Mar 2023

Amazon Web Services’ (AWS) intention of investing in Malaysia shows the country is on the right path to becoming an “Asian Digital Tiger,” says Fahmi Fadzil.

The Communications and Digital Minister said the recent AWS decision to invest RM25.5bil in Malaysia would be a sign for other investors to look at Malaysia as their preferred destination.

“More investors coming into the country would have positive effects on the local economy, which would then enable us to become an Asian Digital Tiger,” he told reporters at Invest Malaysia here yesterday.

Fahmi added that Malaysia has already become a “data processing centre,” with a number of data companies opening their offices in several cities including Kuala Lumpur, Johor Baru and Penang.

He said while promoting Malaysia as a regional digital hub, the government would also continue to boost digital literacy among Malaysians.

He said digital literacy would help the country combat cybercrime.

“Under my ministry, we want to rapidly increase digital literacy among our people. This is so we can curb cybercrime activities such as scams, data breaches, and others.

“This can be done if the public knows how to use the Internet (in a proper manner) and interact within the digital economy ecosystem,” he said.

On a separate matter, Fahmi said he is confident that 5G coverage would hit 80% of populated areas before the end of the year.

“Currently, we have achieved more than 50% of coverage,” he said.

“There will be a different set of challenges to increase the coverage to 80%, but I believe with cooperation among telco companies and the help of the Malaysian Communications and Multimedia Commission, we can achieve it before the end of this year.”

Source: The Star

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