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Digital economy contribution’s to GDP increased: PM

PUTRAJAYA: The contribution of the digital economy to the nation’s gross domestic product (GDP) increased from 16.38 per cent in 2013 to 17 per cent last year.

Prime Minister Datuk Seri Najib Razak said the numbers were well in line with the initial target set for 2020 by the Statistics Department in 2011, proving that the country’s digital economy is heading in the right direction.

He said the Multimedia Super Corridor (MSC) Malaysia, which is fundamental to the digital economy, had contributed over RM295 billion to the country’s economy; RM283 billion in investments and more than 147,000 jobs since 1996.

“I am pleased to see the progress Multimedia Development Corp (MDec) has made, particularly in strengthening the Digital Malaysia national agenda.

“I am confident MDec will continue to play an important role as a catalyst for ICT and the driver of the digital economy.

“The benefits of our national digital economy initiative have begun to filter down to the people and organisations that matter, ” he said during his opening remark at the 27th MSC Malaysia Implementation Council Meeting.

Najib added that Malaysia’s call to build a digital nation was also recognised by the United Nation’s International Telecommunications Union in New York last month with the inaugural “ICT in Sustainable Development” Award.

The award, he said, was a testament to all the achievements progressing from an agrarian economy to knowledge-based, export-driven economy spurred by high technology, software and services digital economy.


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