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Malaysian Government partners with South Korean conglomerate under National Blue Ocean Strategy

Malaysian Government partners with South Korean conglomerate under National Blue Ocean Strategy

SK Group, South Korea’s second largest conglomerate by
market capitalisation, has signed
a Memorandums of Understanding (MOU) with the Malaysian Government to establish
a strategic partnership under the Government’s National Blue Ocean Strategy (NBOS). SK Group
will work with the Malaysian Government to create new high-growth businesses
and investment opportunities in key sectors of the economy. The two will
collaborate in key areas such as ICT & 5G, Oil & Gas, Green Technology
as well as urban development.

As a first step, SK Group will establish a Regional Head
Office in Malaysia, covering ASEAN, India and the Middle East. The SK Group
will also work towards developing highly skilled Malaysian talents by training
and grooming future Malaysian business leaders.

A second MOU was signed between Cyberview Sdn Bhd (Cyberview), a government-owned company
under the Ministry of Finance, and two SK Group subsidiaries, namely SK
Holdings Co., Ltd. and SK Telecom Co., Ltd. for the development of Blue Ocean
Smart Cities in Malaysia, starting with Cyberjaya.

Cyberview is responsible for spearheading the development of
Cyberjaya, one of Malaysia’s first technology hubs, which forms a core part of MSC Malaysia (previously known as
Multimedia Super Corridor).

Blue Ocean Smart City in Cyberjaya is expected to serve as a
model smart city solution that can be adopted in other urban centres across
Malaysia and beyond.

The Prime Minister of Malaysia, Datuk Seri Najib Razak expressed
belief that the SK Group’s expertise in this area, combined with Cyberview’s
strategic vision for building smart cities, will help to deliver transformative
change in the infrastructure, the technology, and the liveability of Malysian
cities.

The design and selection of NBOS initiatives are based on
two key principles of delivering high income through economic growth and
integrated development and enhancing the level of public well-being through
greater security and social inclusion to close the social distance between
various groups in society.

The PM said that unprecedented levels of collaboration have
been achieved through NBOS across than 90 government ministries and agencies
along with many private sector players. This has allowed the delivery of
services such as Urban Transformation Centres,
while saving government expenditure of up to 2 billion ringgit (USD 512
million) by housing all the different services under one roof.

“As our cities become smarter, our devices more connected
through the Internet of Things, and whole new industries, jobs and
opportunities created, we want Malaysia to be at the forefront of these
developments. I am sure that the strategic partnership under NBOS between
Malaysia and SK Group will be able to make a significant contribution to that
goal,” said PM Najib Razak.

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.

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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.

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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.

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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.

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