Malaysia’s 2020 budget includes boosting 5G ecosystem

Malaysia sets its direction towards digital economy.


Syamil Faisal

15 Oct, 2019

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

Quantitative Associate

Corgi Insurance

England,

Full Time

USD 150000 — USD 350000 yearly

Bill McDermott (Account Executive)

Entangl

California,

Full Time

USD 150000 — USD 300000 yearly

Founding Sales Development Representative (SDR)

maintouch

New York,

Full Time

USD 80 — USD 120 yearly

Frontend Engineer

Oneleet

Full Time

USD 120000 — USD 180000 yearly

Database Engineer — Storage & Query Execution

ParadeDB

California,

Full Time

USD 150000 — USD 250000 yearly

Senior Researcher - Dark Web & Threat Intelligence

Cyble

Karnataka,

Full Time

USD 15000 — USD 35000 yearly

🚀 Head of AI Engineering

Readily

California,

Full Time

USD 180000 — USD 300000 yearly

Account Executive, SMB & Creators

Overlap

California,

Full Time

USD 100000 — USD 300000 yearly

Founding Account Executive

Scout

New York,

Full Time

USD 180000 — USD 220000 yearly

Head of Engineering

Kyber

New York,

Full Time

USD 220000 — USD 280000 yearly

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

 
© 2016 - 2026 BEAMSTART. All Rights Reserved (Legal).