MDEC Strengthens Malaysia-Indonesia Collaboration In Driving ASEAN’s Digital Economy

Malaysia Digital Economy Corporation (MDEC) announces the success of its recent DEX Connex and FOX Xposure programmes; in partnership with KUMPUL, an Indonesian entrepreneur ecosystem builder.

The inaugural programme aimed to enhance collaborative relationships between high-tech companies in Malaysia and Indonesia. It served as a valuable platform for participants to engage, expand their reach, showcase technology companies from Malaysia, and facilitate business growth opportunities towards driving the digital economy in ASEAN.

A total of 42 high-tech Malaysian companies ventured to Jakarta to participate in this programme, with MDEC expecting to generate RM250 million in digital export opportunities as a result.

Chief Executive Officer of MDEC, Ts. Mahadhir Aziz highlighted the importance of fostering collaboration and knowledge-sharing as key drivers for innovation and growth in the digital economy.

Also present at the programme were His Excellency Dato’ Syed Md Hasrin Tengku Hussin, the Ambassador of Malaysia to Republic of Indonesia; Yang Terhormat Bapa Ferry Akbar Pasaribu, Assistant Deputy for Investment Strategy, Ministry of Maritime and Investment Affairs Indonesia; Mohd Najeeb Abdullah, Minister Counsellor of Economy, Embassy of Malaysia; along with government representatives, tech industry players, and regional investors.

The programme also witnessed a significant milestone with exchanging of Memorandums of Understanding (MoU) between Malaysian and Indonesian companies. Malaysian companies include Faszz Technology (M) Sdn Bhd; TRB Ventures Sdn Bhd (MHub); Verofax Asia Sdn Bhd and PT The Lorry Online Indonesia.

Meanwhile, Indonesian partners include PT Envy Tbk; PT. Aksi Visitama (Tada); PT. Marega Kernel Teknologi and PT Mitrausaha Indonesia Grup (Modalku). The MoU exchanges are to further solidify the collaboration between the two nations.

Meanwhile, MDEC has recently launched MDEC Horizon Publication, a comprehensive and strategic publication that offers invaluable insights and information on Malaysia’s digital landscape.

The publication serves as the go-to reference for global and local stakeholders seeking reliable data and informed perspectives. MDEC will also be launching the MDX 2023 in September, an event that celebrates and amplifies all tech events with participations of international and local speakers, and panelists from reputable organisations which will take place across Malaysia.

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