Malaysia, like the rest of the world, is on the brink of the fourth industrial revolution and digital economy era. 

“With the announcements made in the Malaysia Budget 2018, we see an increased emphasis on preparing the nation to become a fully-developed digital economy through targeted initiatives such as the Malaysian Digital Policy,” said Tervinderjit (TJ) Singh, Research Vice President at Gartner.

He added that the upgrading of smart manufacturing facilities and Futurise Center in Cyberjaya reflect the government’s sustained commitment to invest and support the industry as it continues progressing to the next level, 

“The RM83.5 million allocations to further develop the first ‘Digital Free Trade Zone’, which is expected to attract RM 700 million in investments and creating 2,500 jobs also puts the nation in good stead. These investments will go into strengthening the nation’s infrastructure and raising import values to push Malaysia into becoming the region’s primary e-commerce hub.”

Gartner is forecasting a 6% growth in technology spending for 2018, putting Malaysia ahead of most Asia Pacific countries. With the initiatives announced in Budget 2018, Gartner is confident that Malaysia is on the right track towards become a fully digitised nation.

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