KUALA LUMPUR: With the visit of Anuar Fariz Fadzil as the brand-new president (CHIEF EXECUTIVE OFFICER) of Malaysia Digital Economy Corporation (MDEC), the regional technology and telco sectors are abuzz with enjoyment concerning his brand-new duty.
National Tech Association of Malaysia (PIKOM) chairman Ong Chin Seong stated Anuar’s experience in both the general public and economic sectors would certainly be very useful beforehand the country’s electronic economic climate.
“On behalf of PIKOM, we congratulate Anuar Fariz Fadzil on his new role as CEO of MDEC.
“We are excited about the future under his leadership and the opportunity to deepen our collaboration with MDEC. His expertise and vision will undoubtedly help accelerate Malaysia’s digital transformation,” he stated in a declaration today.
Ong stated PIKOM stays completely dedicated to sustaining MDEC’s initiatives to make sure that Malaysia’s electronic economic climate remains to expand and adds dramatically to the country’s success.
With the continuous energy of Malaysia’s Digital Economy Blueprint, Anuar’s visit comes with a zero hour.
Digital Minister Gobind Singh Deo lately revealed self-confidence that Malaysia’s electronic economic climate gets on track to exceed the forecasted 25.5 percent payment to the country’s GDP by the end of 2025.
Anuar’s verified capacity to create solid partnerships and accept partnership is anticipated to more unify stakeholders, promoting a vivid ecological community that sustains development and lasting development.
Meanwhile, Malaysia Internet Exchange (MyIX) chairman Chiew Kok Hin stated the organisation expects a proceeded solid connection with MDEC to develop a durable electronic economic climate based in solid connection.
“We are eager to continue collaborating closely with MDEC under Anuar’s leadership to enhance Malaysia’s digital infrastructure.
“Strong connectivity is the backbone of a thriving digital economy, and together we can drive further significant advancements in this area,” he stated.
Chiew kept in mind that financial investments in Malaysia remain to expand, specifically in the ‘sweet spot’ of information centres.
“The increasing interest in data centre investments underscores Malaysia’s strategic position in the region,” he included.
Chiew highlighted the value of restoring the cabotage exception, permitting international vessels to fix undersea cable televisions in Malaysian waters without a residential permit, quickening repair services and boosting Malaysia’s duty as an electronic center.
“This policy ensures that Malaysia remains a hub for global internet traffic, reducing potential downtimes and ensuring seamless connectivity, which is vital for businesses operating in our digital ecosystem.
“We are heartened that MDEC supported the exemption stance. This policy change has been instrumental in attracting investments and enhancing our global connectivity,” he stated.
Furthermore, the need for web data transfer has actually gotten to brand-new highs, with MyIX reporting a 20 percent year-on-year rise from 2022 to 2023.
MyIX kept in mind that need came to a head at 2.311 Terabits per secondly in the previous year, noting the highest degree ever before tape-recorded given that its facility in 2006.
Industry expert Datuk Hussian Abdul Rahman stated that Anuar’s visit notes the federal government’s decision to more expand the electronic economic climate.
“Anuar’s appointment is a testament to the government’s commitment to advancing our digital economy,” stated Hussian, Chief Executive Officer of FlexibilityOn e Ltd, provided on the purpose sub-market of the London Stock Exchange, along with the executive supervisor of TFP Solutions Bhd.
“His leadership will be crucial in driving further innovation and collaboration within the industry,” he included.
Hussian stressed that solid management at MDEC is necessary for Malaysia to capitalise on arising electronic chances and stay affordable internationally.
Another market expert, Jason Thoe, CHIEF EXECUTIVE OFFICER of Kuala Lumpur- based Xamble Group Ltd, provided on the Australian Securities Exchange, backed Anuar to lead MDEC to brand-new elevations.
“Technology impacts different age groups in various ways, and understanding this multi-generational effect is crucial,” he stated. “Anuar brings a fresh perspective that is much needed in today’s rapidly evolving digital landscape.”
“Since its incorporation in 1996, MDEC has gone from strength to strength and is now a strategic engine of growth for Malaysia,” Thoe stated. “I am confident that under Anuar’s leadership, the industry will reach much higher levels.”
