Malaysia Digital Economy Corporation (MDEC) has championed one singular proposition since it was established: empowering businesses and driving digital transformation to ensure Malaysia's continued competitiveness on the global digital stage.
MDEC has developed interventions that address the specific needs of each vertical. These interventions include catalytic projects, such as the PEMANGKIN program, which is part of MD’s strategic initiatives, as well as other capacity building programs, regulatory and policy, dialogues, and networking events.
Today, PEMANGKIN acts as a catalyst to equip Malaysia’s talent with digital skills, foster tech innovation and attract investors. It comprises high-impact catalytic programs designed to accelerate the digital transformation of MD’s promoted sectors.
Meanwhile, the 10 tech enablers comprise: artificial intelligence (AI) and big data analytics, blockchain, cloud and data center, cybersecurity, drone tech, Internet of Things (IoT), robotics and automation.
Others cover extended reality, creative media technology, including extended reality and/or mixed reality, integrated circuit design and/or embedded software, and advanced network connectivity and/or telecommunication technology.
Of these 10 sectors, MDEC has chosen to focus on AI, blockchain, Web3, 5G advanced network and cybersecurity. For instance, under Web3, MDEC has embarked on developing the digital content ecosystem in the metaverse realm via PEMANGKIN IP360 Metaverse initiative.