The Government of Malaysia Launches the Malaysia Digital Initiative

On 4 July 2022, the Government of Malaysia launched a new digital economy initiative, Malaysia Digital (“Malaysia Digital Initiative“), which is intended to succeed and replace the 25-year-old Multimedia Super Corridor agenda to become the primary national strategic initiative on digital economy in Malaysia. This initiative was established by the Ministry of Communications and Multimedia, through its digital economy agency, the Malaysian Digital Economy Corporation (“MDEC“). The Government of Malaysia, through MDEC, will award Malaysia Digital Status to eligible companies that participate in and undertake any of the prescribed activities under the Malaysia Digital Initiative. Malaysia Digital Status companies will be entitled to a set of incentives, rights and privileges from the Government, subject to necessary approvals and compliance to applicable laws and regulations.

In light of the introduction of this new initiative, we seek to provide you with a brief overview of the Malaysia Digital Initiative as well as the Malaysia Digital Status offering.

For more information, click here to read the full Legal Update.

CONTACTS

Partner
+60 3 2273 1919 /+60 3 2267 2699
Malaysia,
Partner
+603 2273 1919
Malaysia,
Partner
+60 3 2273 1919 / +60 3 2267 2653
Malaysia,
Partner
+60 3 2273 1919 / +60 3 2267 2674
Malaysia,
Partner
T +603 2273 1919 / D +603 2267 2750
Malaysia,
Partner
+60 3 2273 1919 / +60 3 2267 2703
Malaysia,

Country

EXPERTISE

SECTORS

Share

Rajah & Tann Asia is a network of legal practices based in Asia.

Member firms are independently constituted and regulated in accordance with relevant local legal requirements. Services provided by a member firm are governed by the terms of engagement between the member firm and the client.

This website is solely intended to provide general information and does not provide any advice or create any relationship, whether legally binding or otherwise. Rajah & Tann Asia and its member firms do not accept, and fully disclaim, responsibility for any loss or damage which may result from accessing or relying on this website.

© 2024 Rajah & Tann Asia. All Rights Reserved. All trademarks are property of their respective owners.