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PIKOM urges govt to exempt cabotage for submarine cable installation, repairs 23 Apr 2021 / 16:13 H. Pix for illustration purposes.
KUALA
LUMPUR: The National Tech Association of Malaysia (PIKOM) urges the government to exempt the cabotage policy for submarine cable installation and repairs.
Chairman Danny Lee said there are concerns that the cabotage policy, which prevented foreign ships from jobs related to submarine cable deployment and repair, would have dire consequences on tech investments.
“We are already beginning to see some multinational tech companies giving Malaysia a miss and others who are here, are also moving elsewhere,” he said in a statement.
He further explained that submarine cables are the global backbone of the Internet and play a critical role in Malaysia’s economy.