Malaysia External Trade Development (MATRADE) and Malaysia Digital Economy Corporation (MDEC) signed a memorandum of understanding (MoU) to increase and further strengthen the global footprint of Malaysian technology companies (MTC).
Bernama quoted MATRADE Senior Board Member, Datuk Hazimah Zainuddin, who said the MoU aims to facilitate existing MTC exports through concerted efforts in trade promotion activities and strengthen their global footprint.
She said that following this MoU, both agencies will also work together to coordinate Malaysia’s participation in the Tokyo Game Show 2023 from 21 September to 24 September which will see the participation of 20 companies in creative content, game development and publishing, animation outsourcing production and creative IP development.
Hazimah said that making Malaysia a country that is active in digitization is important, it includes helping the industry improve the technology by accelerating the use of technology, driving the next generation of technology innovation companies and developing business opportunities by leveraging new data sources as outlined under the New Industrial Master Plan (NIMP) 2030.
Meanwhile, MATRADE CEO Datuk Mohd Mustafa Abdul Aziz said the partnership will result in a higher level of cooperation between the two agencies, which will further accelerate the transformation of local technology into a global player.
NIMP 2030 focuses on the government’s mission for Malaysian businesses to adopt technology and digitization to drive innovation, increase productivity and create new opportunities for economic growth. Therefore there is a need for agencies such as MATRADE and MDEC to further coordinate the initiative and promote it abroad.
MATRADE CEO Datuk Mohd Mustafa Abdul Aziz
Regarding MIHAS 2023, Mohd Mustafa said it is the world’s largest exhibition specifically for the halal sector that will leverage innovative solutions such as digital equipment to support the export aspirations of participants and ensure it remains on track to reach its sales target of RM2.5 billion.
