Several Initiatives Have Been Implemented to Accelerate Innovation-Driven Growth.
The advancement of technology and the ever-changing global economy has highlighted the urgency for the nation to adopt a more agile and proactive approach in moving towards a high-technology based economy. Several initiatives have been implemented to accelerate innovation-driven growth.
New and Improved MSC Malaysia
MSC Malaysia, which is one of the main pillars of the country’s digital economy, was established in 1996 to develop a conducive digital economy ecosystem, by nurturing local ICT champions and attracting global investment.
MDEC, through MSC, has attracted 2,794 active MSC-status companies, which have collectively brought in RM384 billion worth of investments and created 184,030 jobs since 1996.
As of December 2020, these companies have a total of RM588 billion in revenue and RM212 billion in exports generated.
MSC2.0
MSC 2.0 aims to expand the digital focus sector nationwide, and catalyse new areas of development to generate high-income jobs
to support and promote the widespread use of digital across all economic activities
bridge the digital divide towards equitable distribution of wealth
helped promote digital adaptation
increase the amount of skilled talent in the country
review of the Bills of Guarantee and incentives
new branding and location expansion for MSC to promote activities nationwide
Enhance digital skills among the B40 group, youths, senior citizens, and socio-economically vulnerable groups is timely as our country strives to achieve its ambition of becoming a major regional digital economy market.
Enables citizens, especially low-income groups, to generate additional income by doing digital assignments via online crowdsourcing platform. The eRezeki participants will be matched with digital work in line with their respective skills.
Digital entrepreneurship programme for vocational college students and micro-entrepreneurs who are keen to move their business into the digital platform.
a consistent and full-time digital income programme for Malaysians through Crowdsourcing.
Global Online Workforce (GLOW) will equip Malaysians with skills and know-how to become successful digital freelancers. It has helped thousands of Malaysians to secure and carry out freelance jobs via digital platforms.
