Expanding the Malaysian digital economy


  • Tech News
  • Tuesday, 25 Jul 2017

Malaysia Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah said that it is crucial to collaborate with industry players and game changers. — RAJA FAISAL HISHAN/The Star

Over 50 UK companies will collaborate with Malaysian businesses in October.

Malaysia further strengthens its digital partnership with the United Kingdom with the upcoming UK Mega Technology Mission Malaysia 2017 (UK Mega Tech).

Up to 50 British tech companies will be in Malaysia from Oct 9 to 11 in search of opportunities to connect, collaborate and innovate with potential Malaysian business partners.

This is a collaboration between the Malaysia Digital Economy Corporation (MDEC), the UK Department for International Trade (DIT), together with the Small and Medium Enterprises Corporation Malaysia (SME Corp).

“We already have 48 organisations sign up for this event. There will be many different opportunities, and the question is, how do we make the most of that?,” said British High Commissioner to Malaysia Vicki Treadell.

“This is a contemporary and relevant partnership between Malaysia and the UK, looking at issues that matter to us,” she added at the UK Mega Tech soft launch in Kuala Lumpur.

Also at the event were MDEC chief executive officer Datuk Yasmin Mahmood, Standard Chartered Malaysia CIO and Islamic Banking Group CIO Datuk Arif Siddiqui, iGene CEO Matt Chandran and Malaysia Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah, who discussed the collaboration among the nations.

The strategic partners for UK Mega Tech include the British Malaysian Chamber of Commerce, Global Entrepreneur-ship Movement, Malaysian Global Innovation and Creative Centre (Magic) and the National ICT Association of Malaysia (Pikom).

The two-day invite-only event is designed to connect techpreneurs, start/scale-ups and established businesses with a focus on fintech, big data analytics, smart cities, e-commerce, Internet of Things, cloud storage and cyber security.

“The future is collaborating with the industry players and game changers. It makes for great synergy when Malaysian companies actively connect and expand their businesses to collaborate and directly benefit from the crossovers of talent and innovations,” said Mohd Irwan.

“For the UK tech companies, we welcome you to look at Malaysia as a strategic base in Asia, given our commitment to position digital economy as a key to Malaysia’s transformation towards 2050 National Transformation (TN50).”

The UK Mega Tech marks the latest milestone for Malaysia-UK collaboration in the tech sector since the signing of an MoU between MDEC and DIT last year.

“Tech partnership between Malaysia and the UK are delivering results. In the last year, we have seen MDEC sign three MoU in the areas of cybersecurity and smart cities.

“We want to keep the momentum going, with Malaysia as our partner of choice in the technology sector,” said Treadell.

Malaysian techpreneurs, start/scale-ups and established businesses looking to collaborate and innovate with UK partners can sign up for the UK Mega Tech Mission Malaysia 2017 in September via the Inspired Mobile website.


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