Malaysia gets help from India to push digital economy

17 July, 2021
Malaysia gets help from India to push digital economy
Malaysia will work close together with information technology specialists from India to push and further develop its digital economy, The Hindu reported.

Among the partners is India’s tech major Tata Consultancy Services (TCS) which is offering training for the creation of more digital jobs in line with the Malaysia Digital Economy Blueprint, or MyDIGITAL, revealed earlier this year.

The scheme has an objective to enhance digitalisation, improve digital infrastructure and build a more trusted and secure digital environment, in addition to targeting the development of 20,000 cybersecurity knowledge workers and 30,000 data professionals in that country by 2025.

“Filling the digital skills gap”

“We are working closely with Malaysian government agencies to create more digital jobs for the country. TCS is supporting national efforts to fill the digital skills gap and create well-paying jobs in the technology sector for Malaysian youths,” Jeevan Rajoo, country head of TCS Malaysia, said in a post.

TCS has already listed close to 400 high-skilled jobs, including business analysts, cybersecurity specialists, cloud engineers, enterprise architects, full stack developers, as well as user interface and user experience designers. So far, it has hired 100 young experts and will employ another 50 in August.

More employment opportunities

“TCS is well-placed to help advance the digital economy in line with the key drivers we have identified, empowering Malaysians with digital skills, enabling digitally-powered businesses and driving digital sector investments,” Rais Hussin Mohamed Ariff, chairman of the Malaysia Digital Economy Corporation, said in the post.

The digital initiative is also expected to cushion the rising unemployment among younger Malaysians caused by the COVID-19 pandemic and its fallout on businesses.

According to various studies, Malaysia’s digital economy has the potential to reach a value of around 270 billion ringgit ($64 billion) in the coming years depending on how strong its build-up is being supported, which equates to roughly 18 per cent of Malaysia’s gross domestic product.
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