| Danial Norjidi |
NOW is the time for both Brunei and Korea to prioritise ICT to prepare for the future, and partnerships between the two countries’ institutes and companies can further hasten the growth of new ICT business in practical and substantial ways.
This was said by the Ambassador of the Republic of Korea to Brunei Darussalam, Cho Won-myung, while delivering a speech at the ‘Brunei-Korea ICT Conference to Promote New Industry’ yesterday at the Prime Minister’s Office Building.
“For several years, the global business environment has been struggling,” he said. “Overproduction in manufacturing industries, coupled with falling demands, has led to global economic downturn and increasingly fierce competition among existing and traditional businesses. However, technology-oriented businesses continue their dominant marches.
“As time is changing, I think industries should also be changed from traditional business ways to more innovative ways comprising of product innovation, process innovation, market innovation and service innovation, to ensure industry competitiveness.
“In this regard, ICT lays the foundation for setting up innovation platforms to propel a more value-added manufacture and service industry.”
He shared that Korea has been keen to introduce ICT initiatives by government-driven approach for several decades. As a result, Korea’s e-Government has been one of the top in the world for around 10 years, according to UN Department of Economic and Social Affairs (UNDESA).
This kind of ICT infrastructure including e-Government enables Korean ICT companies such as Samsung to be positioned as dominant in the global market, continued the ambassador, adding that although Korea does not have any natural resources, it has successfully achieved economic growth owing to the ICT industry.
He noted Brunei’s long-term development plan, Brunei Vision 2035, particularly its aims to achieve: building human capacity and capabilities with highly skilled and educated people; quality of life that is among the world’s top 10 countries; and a dynamic and sustainable economy.
“In order to successfully achieve the above-mentioned three (goals) in Vision 2035, we have to move forward in a knowledge-based economy to overcome dilemmas posed by a natural resource-dependent country in the recent economic downfall.”
“Korea’s experiences would be good practice and lessons for Brunei to successfully accomplish a knowledge-based economy in Vision 2035 through promoting ICT industry and implementing ICT programmes.”
Time is the most valuable resource, he highlighted. “Therefore I think we should use our time to introduce initiatives for both Brunei and Korea. I think now is the right time for both sides to set a high priority on ICT to prepare for the future. Once successfully carried out, ICT will bring more gains with less effort.”
He highlighted that yesterday’s conference would provide new information and ideas on creating and developing a new ICT industry, before adding, “However, the most important thing is their implementation.
“I strongly believe that the partnership between Bruneian and Korean prestigious institutes and companies will further hasten the growth of new ICT business in practical and substantial ways.
“I hope that Brunei is able to tap into the global market through close collaboration with Korea of strong technology and rich experiences,” he added.