Digital Economy Council launches masterplan

Azlan Othman

The Digital Economy Council yesterday launched the Digital Economy Masterplan 2025 for the next five years, in line with the aspirations of His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam to become a Smart Nation.

With the vision of “Smart Nation through Digital Transformation” and a mission to “Drive and Enhance Brunei Darussalam’s Socio-Economic Growth through Digital Transformation”, the masterplan is aimed at supporting the Brunei Vision 2035, which includes a high quality of life, highly educated and skilled workforce, and a sustainable and dynamic economy.

Guided by Maqasid Syariah, the objectives of the masterplan are: a vibrant and sustainable economy; a digital and future-ready society; and a digitally conducive ecosystem.

In addition, four thrusts have been identified to support the mission and vision of the masterplan: industry digitalisation; government digitalisation; a thriving digital industry; and manpower and talent development.

The strategic thrust of industry digitalisation focusses on the need to evaluate the readiness of stakeholders to adopt Fourth Industrial Revolution (IR 4.0) technologies and to undertake a comprehensive awareness programme, especially for micro, small and medium enterprises (MSMEs), while government digitalisation emphasises on the important role of the government in facilitating economic growth, especially in the implementation of a digital identity ecosystem, innovation of public experience and evolvement of cloud usage.

The third thrust of a thriving digital industry shines light on the application of technologies to nurture and sustain growth for the improvement of the local digital sector, while the fourth thrust calls for the need to equip local talents with the capabilities required for rapid advancement in technology.

With the Digital Economy Masterplan 2025, the Digital Economy Council focusses on the implementation of key projects under the nine priority clusters expected to have significant impacts on economic growth: logistics and transportation; energy; business services; tourism; financial services; health; agri-food; education; Halal industry.

The masterplan is available for download on the Ministry of Transport and Infocommunications website at www.mtic.gov.bn.