KUALA LUMPUR: Knowledge and expertise will likely be among the many key components in charting Malaysia’s financial restoration post-COVID-19 pandemic, mentioned Finance Minister and Nationwide Restoration Plan (NRP) Coordinating Minister, Tengku Datuk Seri Zafrul Tengku Aziz.
He mentioned the federal government will harness the ability of information to assist the nation turn out to be extra agile and responsive, underscored by the spirit of inclusivity in the direction of higher resilience and shared prosperity.
Tengku Zafrul famous that the Digital Economic system Blueprint, or MyDIGITAL, is important in driving the enterprise sector to compete within the world enviornment, because it addresses each digital infrastructure and the digital ecosystem.
“The previous contains investments by way of the Nationwide Digital Community (JENDELA) mission, investments to strengthen connectivity to the worldwide submarine cable community till 2023, in addition to a 10-year plan for the implementation of 5G nationwide and in cloud providers,” he mentioned.
In a particular tackle through the virtually-held Nationwide Restoration Summit as we speak, he mentioned that the efforts additionally embody strengthening the digital ecosystem, supporting digital adoption in addition to privateness and knowledge safety.
As for the nation’s 5G aspirations, he mentioned the federal government can be accelerating the event and progress of high-speed, inexpensive and dependable 5G connectivity and protection.
“We’ll kick-start Part 1 with 10 per cent 5G protection in Kuala Lumpur, Putrajaya and Cyberjaya by end-2021.
“Part 1b will cowl roughly 40 per cent protection in main cities in Selangor, Johor, Penang, Sabah and Sarawak by end-2022, adopted by the remainder of the nation in phases with 100 per cent nationwide protection focused by 2024,” he mentioned.
Mixed, these measures will tackle the near-term efforts to position Malaysia’s reopening on a stronger footing whereas guaranteeing that the nation is well-positioned to take full benefit of the megatrends of tomorrow within the mid and longer-term, he mentioned.
Tengku Zafrul additionally expressed his hope that the NRP and Funds 2022 would function a template, not simply on find out how to exit the pandemic, but additionally on find out how to navigate the extra urgent challenges that lie forward.
“To that finish, I name on all events, authorities, personal sector and civil society organisations to come back collectively as one ‘Keluarga Malaysia’. Let’s come collectively, and win collectively,” he added. – Bernama