KUALA LUMPUR (Feb 21): The Malaysia Digital Economy Week at Expo 2020 Dubai has garnered RM1.295 billion worth of qualified trade and investments to Malaysia derived from 110 business leads, 138 business matchings and 16 memorandums of understanding (MoUs). Annuar added that the qualified trade and investments represents a massive step towards realising the goals of the Malaysia Digital Economy Blueprint (MyDIGITAL), which targets RM70 billion in digital investments by 2025. The delegation was led by the Malaysian Communications and Multimedia Ministry, together with Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead digital economy agency. Malaysia Digital is set to boost Malaysia’s value proposition to attract digital investments through a new framework centred on three primary components — Agility, Flexibility and Relevance. MDEC said the government and the agency will also be introducing two initial catalytic projects, namely, DE Rantau and Malaysia Digital Trade under the initiative.

Source: The Edge Markets February 22, 2022 04:22 UTC