Malaysia Innovation Policy Council to drive growth of tech industry

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It will be the platform for the private sector to propose digital tech initiatives, says minister Gobind Singh.

The Malaysia Innovation Policy Council established last September will serve as the platform for the private sector to propose digital tech initiatives that come with policy and regulatory challenges that hinder innovation and digital economic growth for the country.

“While I have articulated what the government intends to do to increase digital adoption and build a vibrant, sustainable ecosystem for the entrepreneurs, we also need the industry to step up and be a partner in this process,” he said. Gobind said the government needs corporations and industry to promote, invest and come together to ensure widespread digital adoption to add further impetus to their start-up ecosystem to spur innovation.He pointed out that a key factor to boost Malaysia’s digital economy is to drive the growth of the nation’s digital tech start-up and entrepreneurship. Around the world, he added, start-ups and entrepreneurs are at the heart of the new economy.

Gobind said HLX is a result of a PPP and he urged more players from the private sector to follow in this footstep.

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