Ict Industry In Malaysia
Malaysia aspires to be a developed nation by 2025.
Ict industry in malaysia. In malaysia it is the national information technology council nitc that acts as a main advisor to the government on all matters related to ict in the country. Overview of malaysia s ict industry. However you must first acquire the appropriate ict license in malaysia before you can begin. As reported in pikom s ict strategic review 2018 2019 published in november 2018 the industry grew by 10 3 year on year in 2017 to contribute rm247 1 billion or 18 3 to the national economy.
The government has a number of long term initiatives with favourable implications for it product and service including investment in high speed broadband infrastructure and encouraging international companies to consider malaysia as a test bed for the global ict industry. Computing professionals bill 2011 latest update. The major issues of concern raised were. According to the 25th productivity report 2017 2018 i n 2017 the subsector experienced an added value growth of 8 4 worth rm 71 1 billion which is an increase from the 8 1 rm65 6 billion in 2016.
Malaysia ict covid 19 economic impact assessments stay updated on how some of the world s most promising markets are being affected by the covid 19 pandemic and what actions governments and private businesses are taking to mitigate challenges and ensure their long term growth story continues. Nitc was established back in 1994. Woon pointed out that between 2016 and 2017 there was only a 0 1 increase in the share of the ict industry to the economy. The ict industry in malaysia continues to grow in size and distribution to the economy albeit at a pace slower than the desired rate to reach 20 0 of national gross domestic product gdp by 2020.
The government s malaysia digital economy corporation mdec has been. The malaysian ict subsector is one of the country s largest economic subsectors. Ict background in malaysia1996 malaysia has invested heavily to develop multimedia super corridor msc which assisted as thehigh speed backbone in the country that connects malaysia to japan usa and europe and aseancountries 1the msc has set the platform to build a competitive cluster of local ict companies and ict industry the primary focus of these companies is software development for. The government of malaysia identified key digital areas to drive ict sector.
The share of e commerce of non ict industry to gdp was at 5 1 which is about rm68 9 billion.