MALAYSIA DIGITAL ECONOMY CORPORATION (MDEC)

malaysia-digital-economy-corporation-mdec-logo

The Multimedia Development Corporation (MDeC) was incorporated in 1996 to oversee the development of the MSC Malaysia and to advise the Malaysian Government on legislation and policies, as well as to set breakthrough standards for multimedia operations. Established in the same year, MSC Malaysiaโ€™s primary focus was to create an ideal and conducive platform to nurture Malaysian Small and Medium Enterprises (SMEs) in the ICT sector, to become world-class businesses whilst attracting particip... ation from global ICT companies to invest in and develop cutting edge digital and creative solutions in Malaysia. Seventeen years on, MSC Malaysia has driven the development of the Malaysian ICT industry, enhanced technology adoption, and has made significant strides in increasing the economic impact and footprint of ICT for the nation. There are powerful economic and fiscal incentives for companies, both local and international, to apply for MSC status. Just as importantly, Malaysia has passed a number of effective new laws, which protect intellectual property and ensure freedom of thought and expression. This remarkable initiative has positioned Malaysia as a preferred ICT investment hub. Today, there are over 3,000 MSC Malaysia Status companies, employing over 140,000 people, these include: 373 companies in the Creative Multimedia Cluster, 115 Institutions of Higher Learning and Incubators, 2,392 Information Technology companies and over 280 Shared Services & Outsourcing providers. In 2012, MSC Malaysia revenue came in at RM 33.53 billion which was an increase of 5.7% from 2011, while exports grew to RM 11.6 billion which reflected a 14% rise from the previous year. This resulted in MSC Malaysiaโ€™s contribution to Gross Domestic Product (GDP) standing at 11.3 billion, recording a significant double digit growth of 18% from 2011. In October 2010, MDeC was given an additional task by the government, which was to develop a blueprint for a Digital Economy that draws from the huge opportunities created by the Digital world. This resulted in a programme called Digital Malaysia that was officially unveiled to the public in May 2012. Digital Malaysia is a natural progression to harness the building blocks already laid by MSC Malaysia. Founded on three strategic thrusts, of moving Malaysia from supply to demand, consumption to production and low knowledge-add to high knowledge-add, it ultimately aims to create an ecosystem that promotes the pervasive use of ICT in all aspects of the economy and the first eight projects are already under implementation. This will in turn connect communities globally and enable them to interact in real time, increase the countryโ€™s Gross National Income, enhance business productivity and improve the standards of living.. Ultimately, Digital Malaysia aims to turn Malaysia into a developed digital economy by 2020, that connects and empowers the government, businesses and citizens. Today, both MSC Malaysia and Digital Malaysia run concurrently to spur Malaysiaโ€™s ICT industry development and digital economic growth, under the purview of MDeC.

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MALAYSIA DIGITAL ECONOMY CORPORATION (MDEC)

Social Links:

Industry:
Enterprise Software Government Information Services Information Technology Software

Founded:
1996-01-01

Address:
Selangor, Selangor, Malaysia

Country:
Malaysia

Website Url:
http://www.mdec.my

Status:
Active

Contact:
+6 03 8315 3000

Email Addresses:
[email protected]

Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible SPF SSL By Default Google Font API Google Analytics Apple Mobile Web Clips Icon Google Tag Manager WordPress Content Delivery Network


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Current Advisors List

ramachandran-muniandy_image

Ramachandran Muniandy Member of Talent Expert Network Panel @ Malaysia Digital Economy Corporation (MDeC)
Board_member
2022-05-01

Current Employees Featured

karl-hou_image

Karl Hou
Karl Hou Vice President, Data Ecosystem Development @ Malaysia Digital Economy Corporation (MDeC)
Vice President, Data Ecosystem Development
2021-10-01

wan-murdani_image

Wan Murdani
Wan Murdani Director, Digital Enablement @ Malaysia Digital Economy Corporation (MDeC)
Director, Digital Enablement

jenna-huey-ching_image

Jenna Huey Ching
Jenna Huey Ching FinTech Division @ Malaysia Digital Economy Corporation (MDeC)
FinTech Division

gopi-ganesalingam_image

Gopi Ganesalingam
Gopi Ganesalingam Chief Digital Industry Officer (CDIO) @ Malaysia Digital Economy Corporation (MDeC)
Chief Digital Industry Officer (CDIO)

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Surina Shukri
Surina Shukri Chief Executive Officer @ Malaysia Digital Economy Corporation (MDeC)
Chief Executive Officer

dato-munirah-looi_image

Datoโ€™ Munirah Looi
Datoโ€™ Munirah Looi Mentor: MDEC GAIN Mentoring Program - Mentor @ Malaysia Digital Economy Corporation (MDeC)
Mentor: MDEC GAIN Mentoring Program - Mentor
2021-06-01

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Mahadhir Aziz
Mahadhir Aziz Founder & CEO @ Malaysia Digital Economy Corporation (MDeC)
Founder & CEO
2021-09-01

norhizam-kadir_image

Norhizam Kadir
Norhizam Kadir Vice President, Growth Ecosystem Development @ Malaysia Digital Economy Corporation (MDeC)
Vice President, Growth Ecosystem Development

Founder


not_available_image

Mahadhir Aziz

Investments List

Date Company Article Money raised
2021-12-01 Algobizz Berhad Malaysia Digital Economy Corporation (MDeC) investment in Grant - Algobizz Berhad 833.17 K MYR
2014-05-21 FLEXIROAM Malaysia Digital Economy Corporation (MDeC) investment in Grant - FLEXIROAM 230 K USD
2009-07-02 Hezmedia Interactive Malaysia Digital Economy Corporation (MDeC) investment in Seed Round - Hezmedia Interactive 50 K USD
2009-02-01 AugmentWare Malaysia Digital Economy Corporation (MDeC) investment in Grant - AugmentWare 45 K USD

Newest Events participated

beam-cross-border-business-summit-2018_event_image Participated in BEAM Cross-Border Business Summit 2018 on 2018-11-22 as sponsor

game-developers-conference-2018_event_image Participated in Game Developers Conference 2018 on 2018-03-19 as exhibitor

rise-hong-kong-2017_event_image Participated in RISE Hong Kong 2017๏ปฟ on 2017-07-11 as sponsor

airvolution-2017_event_image Participated in AIRVOLUTION 2017 on 2017-03-18 as sponsor

4yfn-barcelona-2017_event_image Participated in 4YFN Barcelona 2017 on 2017-02-27 as sponsor

wild-digital-australia-2017_event_image Participated in Wild Digital Australia 2017 on 2017-02-20 as sponsor

level-up-kl-2016_event_image Participated in Level UP KL 2016 on 2016-11-08 as organizer

mobile-world-congress-2016_event_image Participated in Mobile World Congress 2016 on 2016-02-22 as exhibitor

Official Site Inspections

http://www.mdec.my Semrush global rank: 568.98 K Semrush visits lastest month: 82.17 K

  • Host name: 104.17.17.189
  • IP address: 104.17.17.189
  • Location: United States
  • Latitude: 37.751
  • Longitude: -97.822
  • Timezone: America/Chicago

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