Its holistic approach encompassing digital connectivity, infrastructure as well as digital skill sets and talents with aim to make Malaysia a connected nation.
Awareness on Impact of Digitalisation
Continuous awareness, education and understanding the impact of digitalisation must be done across all industries and to all SMEs/micro SMEs. “No one should be left behind. Implementation must be more effective, with less issues, troubleshooting becomes easier to manage and people see the benefit of digital transformation,” said The National Tech Association of Malaysia (PIKOM) Chairman, Mr. Danny Lee.
“Street vendors will take full advantage of digitalisation, going O2O, having both online and offline operations. With the financial facilities and several funding platforms provided by the government and financial institutions, (I believe) microSMEs will not be left behind,” he added.
Part of MyDigital strategies include building a trusted, secured and ethical digital environment by strengthening safety in digital activities and transactions, enhancing personal data protection and privacy as well as increasing cybersecurity uptake.
Key Driver for The Country
The Malaysia Digital Economy Corporation (MDEC) also pledges its support and commitment towards making the MyDigital, a key driver of national development and success.
MDEC’s chairman, Datuk Wira Dr Rais Hussin Mohamed Ariff in a statement said that the corporation, with the full support of the Ministry of Communications and Multimedia (KKMM), will continue to lead the digital economy forward; centred on ensuring shared prosperity for the many and towards realising their own vision – Malaysia 5.0.
“Our vision of Malaysia 5.0 complements the holistic MyDIGITAL blueprint, encouraging the creation of a society deeply integrated with technology, governed by inclusive and equitable ‘eco-environmental’ principles and practices,” said Rais.
Focusing on three strategic thrusts – empowering digitally skilled Malaysians, accelerating digitally-powered businesses and attracting digital investments, MDEC reaffirms its commitment to rolling out key digital initiatives as announced in Budget 2021 to ensure the society can fully leverage and benefit from 4IR technologies and establish Malaysia as the Heart of Digital Asean.
Moving towards Malaysia 5.0
There are three main components of Malaysia 5.0. First, instilling a new core identity philosophy that transcends individual and societal dividends and upholds the value of shared prosperity.
Second, adopt, value-add and produce digital transformation and Fourth Industrial revolution (4IR) technologies centred on solving eco-environmental problems.
And, third, produce well-rounded citizens who are well-positioned and empowered to face, navigate and thrive in 4IR.
“From a digital skills and jobs perspective, MDEC has accelerated its efforts to expand the digital capabilities of Malaysians. Initiatives such as ‘Let’s Learn Digital’ continue to upskill and reskill Malaysians,” said Rais adding that more than 3,800 free courses have been offered to date with more than 21,000 successful applications.
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Credit: New Straits Times, 2021