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probability
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Posted by probability > 2021-02-19 20:44 | Report Abuse
Apa khabar semua? I hope you all are in the best of health, insya-Allah.
1. First of all, let us express our gratitude to Allah Subhanahu Wata’ala because with His permission, we are here, virtually, together at this launching ceremony of MyDIGITAL and the Malaysia Digital Economy Blueprint this fine morning.
Ladies and Gentlemen,
2. The digital wave continues to affect the global community, reaching a scale that has never been achieved before and has completely changed the lifestyles of most communities all over the world. If we were to look back just five years ago, there were endless changes we can see in various and long-ranging aspects. Whether in terms of the way we interact with each other, the way we learn, doing business, and even the way we monitor our personal health, everything is very different and has changed with the touch of technology. Advanced technologies such as artificial intelligence (AI), internet of things (IOT) or big data analytics and blockchain; all of them have changed the patterns of the world’s economy and the way of life of modern society.
3. The role of digital technology is evident, especially, since a year ago following the outbreak of the COVID-19 pandemic which has led to tough, difficult challenges facing all countries to continue business as usual. It has never been clearer that technology is a convenient tool for advancement in the best of times, and an essential tool of survival during the most challenging of crises.
4. The mastery of digital technology is also key for our country to overcome productivity limitations, hence, upgrading the Malaysian economy. The ability to seize opportunities emerging from innovative technologies and business models, plays an important role in driving new engines of the country's economic growth.
Ladies and Gentlemen,
5. The MyDIGITAL initiative aims to empower every Malaysian, from Perlis to Sabah, to improve their lives in all aspects. Among others, it includes ideas and plans to improve digital literacy, creates high-income jobs, makes banking and finance business easier and more organized, provides virtual educational access to our children and brings medical facilities to remote towns.
6. It also serves as a digital transformation direction plan that is able to drive the business sector to compete on the global arena by enhancing expediency and efficiency of their operations.
Ladies and Gentlemen,
7. As a caring and responsive government, today, I would like to announce the MyDIGITAL initiative which includes the Malaysia Digital Economy Blueprint. This initiative will complement the national development policies such as the Twelfth Malaysia Plan (12MP) and the Vision for Shared Prosperity 2030 (WKB 2030).
8. MyDIGITAL sets out a combination of initiatives and targets across three phases of implementation until the year 2030;
i) By 2025, the digital economy is expected to contribute 22.6 percent to the country's Gross Domestic Product (GDP).
ii) At the same time, the plan also aims to provide 500,000 job opportunities in the digital economy.
iii) The government also encourages 875,000 micro, small and medium enterprises to accept the use of e-commerce.
iv) In addition, these initiatives under the auspices of MyDIGITAL also serve as catalysts for 5,000 start-up companies to begin their operations in the next five years.
v) These initiatives will be the starting point to attract new investments worth RM70 billion in the digital sector, from within and outside the country.
vi) The government is also targeting for the level of productivity of the economic sector to increase by 30 percent higher than what that has been achieved today, by 2030.
vii) For the public sector, all agencies will provide cashless transaction facilities as the main option by 2022.
Ladies and Gentlemen,
9. To accelerate innovation and create an effective digital ecosystem, four important types of digital infrastructure under MyDIGITAL need to be built first. Development efforts will be jointly undertaken by the Government and the private sector where the latter will share in contributing towards capital fund and expertise;
10. Firstly, a total of RM21 billion will be invested over the next five years through the National Digital Network (JENDELA) project to strengthen the existing connectivity. This fixed line optical fibre network will cover almost 100 per cent populated areas in stages - from 7.5 million premises by the end of 2022 to 9 million premises by the end of 2025. Based on this wider fibre optic network coverage, this country will be better prepared to switch to fifth generation cellular networking technology (“5G”) in the near future.