PUTRAJAYA, Oct 5 – In the excitement brought about by the surge of foreign investments in Malaysia’s digital economy, the government wants to see more homegrown technology companies “jump on the bandwagon” and expand their businesses in the country, Digital Minister Gobind Singh Deo said.
He said one of the many efforts undertaken by the government to make that aspiration a reality was the Gateway, Amplify, Invest & Nurture (GAIN) initiative by the Malaysia Digital Economy Corporation (MDEC).
GAIN aims to drive market access programmes for Malaysian tech companies via business-to-business matching and networking activities with global tech ecosystem players.
“Since 2017, GAIN has accessed the markets of over 26 nations. It has seen the involvement of over 150 Malaysian tech companies and organised over 1,000 one-to-one business meetings.
“Thanks to the direct facilitation under GAIN, we have seen revenues of RM31.9 billion from 2017 till to date, and exports worth RM11.2 billion,” he said in his speech at the DIGERATI50 Networking Cocktail event in Cyberjaya on Friday.
