Malaysia’s 2020 budget includes boosting 5G ecosystem

Malaysia sets its direction towards digital economy.

Malaysia’s 2020 budget includes boosting 5G ecosystem | BEAMSTART News

- From our Sponsors -

The government allocated $11.96 million investment to boost connectivity in Malaysia with 5G to enable advanced technology such as:

  • Smart manufacturing
  • Virtual reality
  • Drones
  • Autonomous vehicles

With The National Fiberisation and Connectivity Plan (NFCP), the government aims to bring high-speed internet for the whole nation, down to the rural areas of the country.

To promote the country’s digitalization, Malaysia sets up a $5.98 million investment fund for pilot projects:

  • Drone delivery
  • Autonomous vehicles
  • Blockchain technology
  • Fiber optics products

The government emphasized digital skill improvement for the workforce with the introduction of its new Digital Social Responsibility (DSR) program through these initiatives:

  • Technology scholarships
  • Training, and upskilling for digital skills
  • Made a series of investments in Technical Vocational Education and Training (TVET) in the country
  • Disbursed US$9.57 million to encourage working adults to take professional certification examinations in Industry 4.0-related fields.

Suresh Sidhu, CEO at edotco Group, said:

“Connectivity is key to ensuring a seamless transition to 5G and deploying shared infrastructure is crucial in that journey. As we move towards the era of Internet-of-Things (IoT) technologies, Artificial Intelligence (AI), development of smart cities and so forth, we will need the right solutions that can cope with the increased capacity demands.”

- From our Sponsors -

Latest Jobs

Quality Assurance Lead



Full Time

Salary Undisclosed

Content Writer (Esports / Gaming)


Petaling Jaya, Malaysia


MYR 400 — MYR 600 monthly

News Editor

British Broadcasting Corporation

Hong Kong, Hong Kong (香港)

Full Time

Salary Undisclosed

Full Stack Developer - Financing Domain

OnDemand Agility


Full Time

SGD 4050 — SGD 4300 monthly

EA Personnel (Work Pass)

Trinity Employment


Full Time

SGD 2000 — SGD 3500 monthly

Senior Events Manager/ Director

Thomson Reuters

Singapore , Singapore

Full Time

USD 17000 — USD 25000 monthly

Digital Marketing Intern

Undrcut Digital Marketing



SGD 1000 — SGD 1500 monthly

Influencer Marketing Associate


Yogyakarta, Indonesia

Full Time

SGD 400 — SGD 1000 monthly

English Content Writer


Jakarta, Indonesia

Full Time

SGD 300 — SGD 600 monthly

Fund Accountant

Decacorn Capital


Full Time

SGD 2500 — SGD 5000 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.


Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).