February 25, 2024

We are creating some awesome events for you. Kindly bear with us.

Malaysia and UAE Strengthen Tech Ties

To foster technological collaboration, the Ministry of Investment, Trade, and Industry (MITI) of Malaysia, in conjunction with the Ministry of Investment of the United Arab Emirates (UAE), has solidified their commitment to advancing investment cooperation in the burgeoning digital infrastructure sector.

A Memorandum of Understanding (MoU) was signed between Malaysia’s Minister of Investment, Trade, and Industry for Malaysia, and the Minister of Investment for the UAE. This strategic partnership focuses on the development of data centres in Malaysia, with potential projects anticipated to achieve a total capacity of 500 megawatts.

The MoU underscores a robust commitment towards collaborative efforts in exchanging knowledge and expertise in the digital infrastructure sector between Malaysia and the UAE. The partnership aims not only to strengthen bilateral economic and investment relationships but also to propel both nations to the forefront of technological advancements. The agreement was reached with an understanding that collaboration in the digital realm would yield significant benefits for both the public and private sectors of Malaysia and the UAE.

Malaysia has emerged as a preferred destination for data centres in the Southeast Asia region, attributed to its robust digital and physical infrastructure, adherence to the rule of law, and government-backed measures and initiatives on data centre investments. The partnership aligns with Malaysia’s ambitious plans outlined in the New Industrial Master Plan (NIMP) 2030, stressing the advancement of artificial intelligence (AI) and enhancing the capacity of industries, SMEs, and startups in AI.

Beyond the development of data centres, the MoU also exemplifies Malaysia’s commitment to the advancement of AI technology. This commitment is in line with the NIMP 2030, which aims to position Malaysia as a regional leader in AI development, fostering innovation and growth in the sector. The collaboration anticipates the development of AI solution providers, further contributing to Malaysia’s technological landscape.

Malaysia’s Minister of Investment, Trade, and Industry, Malaysia stated that by positioning Malaysia as a regional data centre hub, the country is well-poised to capture a significant portion of ASEAN’s digital economy, projected to reach USD 1 trillion by 2030. MITI and its agencies are committed to expediting the implementation of all committed investments to ensure that investors, businesses, and the population swiftly benefit from a more robust and thriving digital economy within Malaysia and ASEAN.

Meanwhile, the Minister of Investment for the UAE stated that the arrangement aims to bolster the nation’s digital infrastructure and accelerate the expansion of its internet economy, aligning with shared priorities and interests.

The MoU is a testament to the robust trade relations between Malaysia and the UAE, with a particular focus on the significant growth in non-oil trade volume. Currently, the UAE stands as Malaysia’s second-largest trading partner in the Middle East, and Malaysia plays a pivotal role in the UAE’s exports and re-exports in the ASEAN region.

This collaboration represents a paradigm shift in the technological landscape of both nations, propelling them into the forefront of digital infrastructure development. With a focus on data centres and AI, Malaysia and the UAE are set to not only strengthen their economic ties but also contribute significantly to the technological advancements in the Asia-Pacific region. The MoU stands as a beacon of collaborative innovation, with the potential to reshape the digital future of Malaysia and the UAE.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend