DUBAI (BERNAMA) – The Malaysia Digital Economy Corporation (MDEC) is actively exploring new international markets as part of its strategy to position Malaysia as a leading digital economy hub.
MDEC has established and continuously enhanced the business support ecosystem in facilitating the entry of Malaysian digital companies in 17 global markets with positive traction under the Gateway, Amplify, Invest and Nurture (GAIN) programme.
MDEC also has identified nine new markets and started to gain traction in four markets – Brazil, Kenya, Tanzania and Spain – with digital export opportunities identified, said its head of digital industry acceleration, Wan Murdani Wan Mohamad.
“Although these opportunities are still in the early stages, we are working on strengthening partnerships and promoting Malaysian digital companies to ensure they can eventually convert these opportunities into real exports,” he said in an interview with Bernama.
Wan Murdani elaborated that MDEC’s strategy focuses on developing new partnerships and understanding the specific requirements of each market, noting that it typically takes two to three years for export initiatives to materialise.
On a broader scale, MDEC is also targeting the growing digital economy in ASEAN, which is projected to reach USD1 trillion by 2030.
