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Malaysia strengthens its DIF5 plan with establishment of Schott AG s IT competence centre in KL

MDEC outlines 5-year push to attract investment and drive Malaysia s digital economy

  The Malaysia Digital Economy Corporation (MDEC) Malaysia’s lead agency in digital transformation has outlined its ‘Digital Investments Future5 (DIF5) Strategy’, a five-year plan focusing on five key thrusts to attract investments and advance Malaysia’s digital economy in line with the Malaysia Digital Economy Blueprint or MyDIGITAL. The five-year initiative, which will run from 2021 to 2025 following the 12th Malaysia Plan, aims to secure high quality digital investments as it seeks to unlock new drivers of growth in the digital economy. Cumulatively, MDEC says it has brought in RM345 billion worth of investments via MSC Malaysia since 1996, creating 184,396 jobs, and housing 40 of the Forbes100 companies in Malaysia.

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