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Smart Nation 2022 Expo News: 12th Malaysia Plan to Boost Digital Economy  

KUALA LUMPUR: The country’s 12th Malaysia Plan will aim to provide an enabling environment for the growth of the digital economy to become a technology-based economy.

According to the 12MP report, the government projects 25.5 per cent contribution of the digital economy to the country's gross domestic product (GDP), 10.5 per cent e-Commerce contribution to the GDP, and 200 IP creation in digital content by 2025 aside from achieving eight per cent average annual growth rate of digital content export.


The government target to achieve 100 per cent 4G coverage in populated areas aside from providing over 100 Mbps mobile broadband speed in addition to building up its 5G infrastructure. At the same time, Malaysia will capitalise on advanced technology potential by gearing up for the Fourth Industrial Revolution (4IR).

Under the 12 MP, Malaysia will experience greater economic efficiency and productivity, enhanced quality of life, and better management of climate change. 4IR enables Malaysia to achieve a more balanced, responsible and sustainable growth, in line with the Shared Prosperity Vision 2030 and the 2030 Agenda.

Digital culture will also be inculcated in the early stage of a civil servant's career with the successful implementation of initiatives under the Public Sector Digitisation Strategic Plan 2021-2025. This will further enhance the digital capabilities and competencies of civil servants.

It is time to plan and benefit from Malaysia’s multi-billion initiatives in developing its digital economy. The SMART NATION 2022 Expo & Forum – Malaysia’s Biggest Business-to-Business Tech Event on 5G, Smart Cities and Emerging Technologies is the place to be. Join over 400 exhibitors, 60 top speakers and over 12,000 trade buyers at the MITEC, Kuala Lumpur from 27-29 September 2022. Contact Ms Rina at rina@ambtarsus.com to book your booth today!

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