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 markets are abuzz with exhilaration concerning his brand-new duty.
National Tech Association of Malaysia (PIKOM) chairman Ong Chin Seong claimed Anuar’s experience in both the general public and economic sectors would certainly be vital beforehand the country’s electronic economic situation.
“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 claimed in a declaration today.
Ong claimed PIKOM stays completely devoted to sustaining MDEC’s initiatives to make certain that Malaysia’s electronic economic situation remains to expand and adds substantially to the country’s success.
With the continuous energy of Malaysia’s Digital Economy Blueprint, Anuar’s visit comes with a turning point.
Digital Minister Gobind Singh Deo just recently shared self-confidence that Malaysia’s electronic economic situation gets on track to go beyond the forecasted 25.5 percent payment to the country’s GDP by the end of 2025.
Anuar’s verified capacity to build solid partnerships and accept cooperation is anticipated to additional unify stakeholders, cultivating a lively ecological community that sustains technology and lasting development.
Meanwhile, Malaysia Internet Exchange (MyIX) chairman Chiew Kok Hin claimed the organisation expects a proceeded solid partnership with MDEC to develop a durable electronic economic situation 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 claimed.
Chiew kept in mind that financial investments in Malaysia remain to expand, especially 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 significance of restoring the cabotage exception, permitting international vessels to fix undersea cords 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 claimed.
Furthermore, the need for web transmission capacity 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 videotaped because its facility in 2006.
Industry expert Datuk Hussian Abdul Rahman claimed that Anuar’s visit notes the federal government’s resolution to additional expand the electronic economic situation.
“Anuar’s appointment is a testament to the government’s commitment to advancing our digital economy,” claimed Hussian, Chief Executive Officer of MovementOn e Ltd, noted on the goal sub-market of the London Stock Exchange, in addition to 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 possibilities and stay affordable internationally.
Another sector expert, Jason Thoe, CHIEF EXECUTIVE OFFICER of Kuala Lumpur- based Xamble Group Ltd, noted 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 claimed. “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 claimed. “I am confident that under Anuar’s leadership, the industry will reach much higher levels.”
