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According to a recent report, the Malaysian government will be working to rejuvenate Cyberjaya as the technological hub that it was intended to be, according to the Ministry of Entrepreneur Development.
The minister at the Ministry of Entrepreneur Development noted that the main objective of Cyberjaya was forgotten as it had been marketed more as a real estate destination rather than a technological hub.
He stated that the government is very keen to bring up Cyberjaya as a technological hub especially on the back of the massive potential of Malaysian technology firms to achieve high growth firms (HGF), on the side-lines of the World Bank Global Report launch titled HGF: Facts, Fiction and Policy Options for Emerging Economies” in Malaysia recently.
The leader stated that said the ministry was engaging in multiple knowledge sharing sessions with the private sectors of Japan, China and the US.
It was noted that the government believes that Malaysia has massive potential to become a battery development and manufacturing hub and the government is currently engaging with US scientists in making this viable. Other sectors that it can bring up other than technology is the software capability.
The Minister had earlier commended World Bank’s efforts for its research into the HGF report.
He noted that with the setting up of the Entrepreneur Development Ministry, entrepreneurship policies are now expected to be further strengthened and reoriented to a broader framework as to achieve the country’s goal of growing an entrepreneurial economy.
It was noted that some of the ministry’s targets include boosting small and medium enterprises’ (SMEs) contribution to the gross domestic product (GDP) to 41 per cent by 2020.
The government is, therefore, committed to creating one million jobs in the next five years, producing 50,000 entrepreneurs to generate 200,000 jobs a year and to train 50,000 graduates a year in entrepreneurship, he said.
The World Bank country manager for Malaysia said that the country was well poised to develop an entrepreneurial economy as an engine of future growth to achieve a high-income economy.
According to the country’s Finance Minister, Malaysia has already begun re-orienting entrepreneurship policies in order to cultivate more HGFs, as outlined in the 2019 Budget.
It was noted that the probability of high growth is associated with firm capabilities manifested in innovation, external linkages, managerial experience and financial access.
When it had first been established, Cyberjaya was marketed as a project that would turn the city into a global tech hub, according to an earlier report.
The nation’s former Prime Minister had been extremely positive about the Cyberjaya City Centre project which he believed would contribute to the growth of Cyberjaya and turn it into a global technology hub.
The Malaysian Resources Corporation Bhd’s (MRCB) latest Transit Oriented Development (TOD) Project has been highly anticipated to take the nation’s technology hub to the next level.
Cyberjaya was heralded as a “game-changer” that would complete the transformation of Cyberjaya to become a global technology hub and a smart city.
It is hoped that the same enthusiasm for the city as tech hub will be re-inspired as the Malaysian government works to revitalize Cyberjaya into the technological hub it was intended to be.


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Singapore will spend about S$3.3 billion on information and communications technology (ICT) this year. This is on top of the money it has spent in previous years to improve its digital infrastructure and make services better for people, companies, and government workers.
Over the last five years, the government has spent about S$16 billion on ICT. In both FY 2021 and FY 2022, it was expected that S$3.8 billion would be spent on ICT. In the past, attempts to combine the demand for ICT services through bulk tenders and to update the back-end ICT infrastructure of the government through the cloud have saved money.
“Our ICT investments in the past five years have laid a firm foundation for the next bound of digital government,” said Kok Ping Soon, Chief Executive, GovTech.
He added that the Government will maintain a high level of ICT spending in 2023, as they continue to push ahead with the cloud strategy and find more ways to work closely with the industry through co-developed projects and bulk tenders. Providing opportunities for SMEs to take on government projects is also important, as SMEs form a key pillar of our Smart Nation efforts, he continued.
More than 30% (S$1 billion) of what the government plans to spend on ICT in FY 2023 will go towards developing apps for the Government Commercial Cloud (GCC).
Since the “Cloud First” Strategy was announced in October 2018, about 66% of qualified government systems have been moved to the Government Commercial Cloud (GCC). This makes it possible to reach the goal of 70% by the end of 2023.
In FY 2023, co-developed projects with industry are projected to be worth about 45% (S$1.49 billion) of all spending, up from 27% in FY 2022 and 20% in FY 2021.
Co-developed projects save time and money by using the SG Tech Stack and other government platforms for security compliance and interoperability, as well as reusing well-tested software components to build apps quickly.
Currently, 27 companies are qualified to work with the government on projects using the SG Tech Stack. When the S$0.62 billion Agile Co-Development and ICT Professional Services bulk tender is called in FY 2023, this list of providers will be updated.
In co-developed projects, engineers and developers from the government may oversee building one part while their peers from the private sector build another. This is different from the usual outsourced approach, in which a vendor builds the whole project based on what the government agency wants.
As a result of the Government’s planned ICT spending for FY 2023, a lot more projects will be given out through bulk bids. About 76%, or S$2.5 billion, of the planned spending will go to these projects. In FY 2022, only 27% of the spending went to these projects. By putting together all the requests for the same ICT goods and services, bulk tenders have helped public agencies save money, time, and effort.
This year, there are three important bulk contracts worth a total of S$1.85 billion: Enterprise Software-as-a-Service (SaaS), Hosting Support Services (HSS), and Personal Computers & Printer.
Small and medium-sized businesses (SMEs) still have a lot of chances, as nearly 80% of all procurement opportunities for FY 2023 will be open to SMEs, which is the same as the previous year.
The Ministry of Sustainability and Environment previously indicated that starting in 2024, government ICT contracts will include environmental sustainability criteria.
Suppliers who participate in the forthcoming PC and Printer bulk tender must follow energy and environmental regulations and reuse packaging and materials.
Additionally, GovTech is trying to optimise code reuse for cloud projects in FY 2023 and reduce the carbon footprint of the cloud infrastructure in GCC and government data centres to satisfy BCA-IMDA Green Mark criteria.
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The digital economy of China has long played a significant role in enhancing work prospects, streamlining the employment hierarchy, and generating fresh approaches to resolving labour market challenges.
The recent publication “Research Report on China’s Disability Care (2023)” made note of the fact that the emergence of the digital economy era has given rise to the prospect of changing the job structure for the disabled.
Reports cited that with the rise of the Internet, the digital economy has created a lot of new jobs, and the ability of related businesses to take on workers has grown quickly. This has also made it easier for college students with disabilities to find work.
On one side, it illustrates the significance of the digital economy for high-quality employment. The digital economy has currently given rise to a substantial number of new industries, formats, and business models, as well as a significant number of new employment types.
The number of jobs supported by the digital economy will reach 449 million in 2030, according to the report “2023 Frontiers of China’s Digital Economy: Platforms and High-Quality Full Employment” published in February of this year.
The digital economy is inextricably linked to the actual economy. Through the coordinated growth of the digital industry, production efficiency is increased, scale expansion is supported, and old occupations and positions are endowed with new implications, such as online doctors and online vehicle drivers. Workers’ freedom of choice opens additional opportunities for different groups to find work.
At the same time, there are some issues that the nation has addressed immediately in the process of promoting employment in the digital economy. For example, there is a significant shortage of digital talent, inadequate protection of labour rights and interests for new types of employment groups, and employment services that adapt to labour mobility and diversification of employment methods must be improved.
In this regard, it is critical to capitalise on the digital economy’s potential to create new jobs, update the labour structure, and encourage higher quality and fuller employment of relevant talents.
Also, encourage the rapid development of the digital industry and the development of digital skills. Continually promote new formats and models of digital production, cultivate new economic growth points, and create more emerging employment opportunities in emerging industries such as the Internet, the Internet of Things (IoT), big data, cloud computing, and artificial intelligence (AI).
For China, promoting the deep integration of the Internet, big data, AI, and the real economy, encourage the digital transformation of traditional industries, and encourage more workers to switch careers to increase employment. In addition to promoting digital knowledge and skills education at all school levels and establishing and enhancing a multi-level and multi-type digital talent training system.
Alternatively, strengthen the construction of digital employment service platforms and enhance the employment security system that conforms to the laws of the digital economy. Through legislation that clarifies the labour relationship identification mechanism for new employment forms of workers, improves their labour rights and interests protection measures, and adapts the social insurance system to the characteristics of digital work.
Also, making detailed regulations on standard working hours and social insurance payment for digital practitioners, solving problems such as account transfer connection issues and risk compensation issues faced by flexible employees, and strengthening social security for new employment forms.
The nation also implemented “Internet +” public employment and entrepreneurship services that resulted to strengthen the construction of national public employment information service platforms, enhancing mobile terminal applications, developing an intelligent service system that combines policy interpretation, business management, and consultation as well as enhancing digital public employment and entrepreneurship service capabilities.
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During his first official visit to Kenya, Prime Minister Lee Hsien Loong thanked Kenyan President William Ruto for his gracious welcome. He noted that, despite their physical distance, Singapore and Kenya have similar perspectives.
“Our peoples share similar aspirations, such as inclusive growth, a high standard of living, ethnic and religious harmony, and good housing, healthcare and education,” said Prime Minister Lee.
Both countries have comparable perspectives on the difficulties the Global South faces. Inflation, pandemics, climate change, rising protectionism, rising geopolitical tensions, and dangers to the multilateral trading system are all issues that both are concerned about.
Both countries agreed that it was critical for nations to keep working to establish connections in the digital economy and to collaborate on issues related to food, energy, and sustainable development. In an increasingly connected world, making connections and partnerships in the digital economy gives people and companies the power to use technology, grow their reach, drive innovation, and achieve sustainable growth.
They reiterated Singapore’s and Kenya’s cordial and long-standing ties. They commemorated the 30th anniversary of their diplomatic ties two years ago. And in areas like governance, public service management, urban planning, and livable cities, the two nations collaborate and share experiences.
Both economic alliances have been expanding. In Sub-Saharan Africa, Kenya is one of Singapore’s key trading partners. Despite COVID-19, bilateral commerce grew by approximately 25% in 2021 compared to the previous year.
Several Singapore-based businesses are active in Kenya in several industries, including shipping, logistics and port management systems, agribusiness, tourism, and fintech solutions. Nairobi is host to a delegation of Singaporean businesses. They came to look for chances to partner with and invest in Kenyan businesses.
The two nations work effectively together in multilateral forums as well. They underlined their common support for multilateralism and a world order based on rules. Singapore and Kenya decided to keep working together at the UN and other multilateral institutions, as well as to work together to improve the UN’s effectiveness.
They also talked about potential new collaborations. In relation to ICT (information and communication technologies). A Memorandum of Understanding (MOU) has been struck in this regard, allowing the parties to share ICT best practices and information and foster innovation and talent development. The MOU would also promote and improve cybersecurity-related strategic cooperation.
In terms of climate change, they have inked an MOU in partnership with carbon credits under Article 6 of the Paris Agreement. This will stimulate, create, and facilitate mutually beneficial joint carbon credit ventures. International cooperation, such as this agreement between Singapore and Kenya, is important to boosting global climate action and achieving the Paris Agreement’s goals.
Both countries place a high value on talent development when it comes to human capital development. The MOU on Skills Development would promote deeper technical cooperation between the two countries in areas such as Leadership and Governance, Education, and Digitalisation. This will be accomplished through knowledge exchange, capacity-building courses, and other forms of collaboration.
There is a lot of room to enhance bilateral collaboration. Kenya’s strategic location acts as a gateway to East Africa for Singapore enterprises. Similarly, Singapore might act as a gateway to Southeast Asia for Kenyan businesses.
Both countries welcome the approval of the bilateral investment treaty and the President’s pledge to resolve the two countries’ Avoidance of Double Taxation Agreement as soon as possible. These initiatives send a strong, positive signal to businesses while also providing clarity and assurance on cross-border transactions and investment.
Singapore is eager to collaborate with President Ruto and his government to advance bilateral relations.
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During the Fiscal Year 2023, two classes were held at the conference room of the Kanchanaburi Provincial Education Office to improve digital technology skills. The opening meeting of the personnel capacity building project was chaired by Ms Piyanat, director of the human recourse’s organisation, and other officials’ groups and communities attending the meeting.
Concerning this issue, the organisation arranges activities to improve personnel’s comprehension of digital skills and how to apply them practically.
Competent personnel within the office take on the role of speakers and share their expertise in diverse technological and digital proficiencies, such as web design and news clip editing. The primary goal is to enhance human resource development and cultivate a work environment that encourages continuous learning to be adaptive in this technological era. This is an effort undertaken by Thailand to recover the economy and develop adaptive human resources post-COVID-19.
It is well-known that the global economy is predicted to undergo 50% digitalisation by 2025. Among the countries leading in accelerated digital transformation, Thailand aims to raise its digital economy to 50% by 2030.
Since the start of the pandemic in March 2020, approximately 30% of digital service consumers in Thailand were new users, and the consumption rate among internet users reached 90%, the second highest in the region, just after Singapore. The report indicates that the pandemic has expedited the adoption of digital technologies in Thailand, primarily in response to prolonged mobility restrictions and the need to sustain operational activities.
The report suggests that although the government has already implemented various measures to promote the digital agenda, there is room for further action to foster the development of digital services within the public. This entails encouraging competition and incentivising the compatibility of digital markets, improving the availability of digital skills and complementary competencies, and facilitating access to funding for innovative initiatives.
Puchaphong Nodthaisong, Secretary-General of the National Digital Economy and Society Commission Office of the National Economic and Social Development Board (NESDB) stated that since 2021, there had been a notable rise in production and digital services, contributing to the growth of Digital GDP from 12.97% to 14.07% compared to the previous year. “These encouraging trends indicate the emergence of fresh growth prospects for the Thai economy. The effective adaptation of digital technology in economic activities showcases its potential in the digital era,” he said.
The National Security Council (NSC) aims to expand its achievements and build upon the groundwork laid in 2023. The committee intends to harness the full potential of technology, leveraging new dynamic advancements and capitalising on emerging opportunities. Enhancing knowledge, skills, and potential among the general population in remote areas.
Additionally, the NSC has set a target to complete eight significant projects by 2023. These projects align with global technological advancements, economic conditions, societal needs, and future-oriented trends.
The roadmap will progress Thailand to Phase 3 of digital development, encompassing Full Digital Transformation by 2027. This will be followed by Phase 4: Global Digital Leadership, focusing on human resource development and cultivating skills and knowledge to utilise digital technology effectively.
Thailand is committed to enhancing the adaptability of its human resources in the digital era by enriching them with digital education, fostering a workforce ready for the technological landscape.
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A major milestone in clean energy advancement was achieved as a significant rooftop solar photovoltaic (PV) project was successfully completed with a capacity of 1.1 megawatt-peak (MWp), which signifies a significant step towards harnessing renewable energy.
A Malaysia-based engineering services company announced the successful completion of a 1.1-megawatt-peak (“MWp”) rooftop solar photovoltaic (“PV”) installation project at a leading manufacturer of crane spreaders in Malaysia at its manufacturing plant in Chemor, Perak.
The engineering services company acted as the engineering, procurement, construction, and commission (“EPCC”) provider for the rooftop installation of solar PV panels, which are expected to generate approximately 1,497.8 megawatt-hours (“MWh”) of clean electricity annually. This installation will enable the manufacturer to offset 957 tonnes of carbon dioxide emissions, equivalent to the air-purifying effect of 43,505 mature trees.
The Deputy Chief Executive Officer (Investment Promotion and Facilitation) of the Malaysian Investment Development Authority (MIDA) expressed full commitment to supporting businesses and investors in Malaysia. He emphasised the importance of the manufacturer’s dedication to renewable energy, particularly in light of the Malaysian government’s visionary policies that aim to increase the renewable energy capacity mix to 70% by 2050. By adopting solar power, the manufacturer is not only reducing their environmental impact but also actively contributing to Malaysia’s sustainable and greener future.
Meanwhile, the engineering services company’s Executive Director and Group Chief Executive Officer stated that the successful installation of the rooftop solar PV system reflects the company’s commitment to quality and timely delivery. Leveraging its expertise in turnkey engineering and technical solutions, the engineering services company is confident in helping the manufacturer achieve its energy efficiency targets through the solar PV system.
They also highlighted the increasing interest in clean energy adoption and mentioned their strong job pipeline, which includes large-scale power plants, commercial and industrial projects, and overseas ventures.
The recent lift of the renewable energy export ban by the Malaysian government, along with the new national renewable energy generation target of 70% by 2050, presents promising opportunities for the engineering services company and the clean energy industry. As corporations strive to reduce their reliance on fossil fuels for electricity generation, the engineering services company aims to support its customers as a reliable decarbonisation partner, facilitating their transition towards a greener future.
The President of the manufacturing company emphasised the company’s commitment to reducing their carbon footprint and greenhouse emissions. The manufacturer aims to halve its greenhouse emissions by 2030, contributing to the global objective of limiting the rise in temperature by 1.5°C per year.
Transitioning to solar energy enables the manufacturer to promote clean electricity consumption and emission reduction while mitigating the risk of rising electricity costs. The company remains dedicated to exploring innovative clean energy solutions to further reduce its carbon footprint.
The global solar photovoltaic (PV) market was valued at US$154.47 billion in 2020. It is projected to grow from US$199.26 billion in 2021 to US$1,000.92 billion in 2028, exhibiting a growth rate of 25.9% during the period from 2021 to 2028.
The COVID-19 pandemic had an unprecedented and significant negative impact on the solar PV industry worldwide, resulting in a decline in demand across all regions. As a result, the global market experienced a slower growth rate of 2.3% in 2020. However, with the expectation of the pandemic’s effects diminishing, the market is anticipated to return to pre-pandemic levels, leading to a substantial increase in the compound annual growth rate (CAGR).Top of Form
About MIDA
MIDA, the Malaysian Investment Development Authority, operates as the government’s primary investment promotion and development agency within the Ministry of Investment, Trade, and Industry (MITI). Its primary role is to facilitate and promote investments in the manufacturing and services sectors in Malaysia.
With its headquarters located in Kuala Lumpur Sentral, MIDA has a network of 12 regional offices and 21 overseas offices. MIDA serves as a strategic partner to businesses, enabling them to capitalise on the opportunities presented by the current technology revolution.
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The Victoria government is prioritising the resurgence of the State Electricity Commission (SEC) to ensure increased access to affordable renewable energy. They are also dedicated to fostering future-oriented skilled employment opportunities.
Victoria is leading the way in achieving a remarkable goal of 95% renewable electricity production by 2035, which is expected to create 59,000 job opportunities. To equip the workforce with the necessary skills and training to meet these demands, the Victorian Budget for 2023/24 is actively providing pathways and education.
To establish a continuous supply of skilled labour for the SEC, the government has allocated AU$ 5 million to develop the SEC Centre of Training Excellence. This initiative involves coordinating and accrediting apprenticeship courses in collaboration with TAFEs, RTOs, training organisations, workers, and industry stakeholders.
In line with the aim of securing future job prospects, the budget invests AU$ 7.5 million to create VET pathways for students. This includes incorporating renewable energy pathways into the government’s core offerings of VET programs in schools. By integrating renewable energy education into the curriculum, students will be well-prepared for the evolving job market.
The government is fulfilling its commitment to establishing new Tech Schools by allocating AU$ 116 million. These schools, located in areas such as Brimbank, Dandenong, Frankston, Hume, Wangaratta and Warrnambool, provide students with enhanced technical education opportunities and foster innovation by collaborating with nearby secondary schools and industry partners. Tech Schools focus on fields such as renewable energy, robotics, and advanced manufacturing to equip students with practical, career-focused STEM education.
As part of the investment in Tech Schools, a portion of AU$ 10 million is allocated to the Clean Energy Equipment Fund. This fund supports the provision of state-of-the-art learning labs with cutting-edge renewable energy technologies for both new and existing Tech Schools. Students will gain hands-on experience and knowledge in advanced battery technology, hydrogen generation, and robotics, fostering their understanding of renewable energy innovations.
To enhance students’ exposure to future opportunities, the government has allocated AU$ 19.1 million for work experience in high-demand industries, including renewable energy. This initiative aims to bridge the gap between education and industry by providing practical experiences and insights into potential career paths.
An additional AU$ 7 million is invested in renewable energy VET certificates and qualifications, enabling world-class training and career pathways for Victorians. Furthermore, an AU$10 million Hydrogen Energy Worker Training Centre will train and upskill workers in the hydrogen sector.
Victoria will be home to Australia’s first offshore wind farms. To ensure workers possess the necessary skills for both offshore and onshore wind jobs, an AU$ 6 million investment has been made in the Wind Worker Training Centre. This funding will develop training programs to equip workers with the required expertise in the wind energy sector.
The government is establishing an AU$ 50 million TAFE Clean Energy Fund to train workers for the revived SEC. This includes AU$ 6 million for the Asia Pacific Renewable Energy Training Centre, AU$ 5 million for a Clean Energy Centre in Morwell, and AU$ 5 million for a Building Innovation and Design Centre in Warrnambool. Additionally, an AU$1 billion investment will support the implementation of 4.5 gigawatts of new renewable energy projects, equivalent to replacing the Loy Yang A coal-fired power station.
The Andrews Labor Government is committed to revitalising the SEC, promoting renewable energy, and supporting the workforce with the necessary skills and training. This includes investing in education, establishing Tech Schools, providing work experience, supporting renewable energy VET certificates, and creating training centres for wind and hydrogen sectors.
Victoria’s Premier emphasised the revival of the SEC and its significance for households, as well as the creation of future job opportunities. The government’s investments are specifically geared towards providing young Victorians with enhanced educational opportunities in high-tech fields. These initiatives aim to equip students with valuable STEM skills and prepare them for successful careers in technology-related industries.
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The Australian Government has released its Critical Technologies Statement which provides an outline of their approach to supporting critical technologies and managing associated risks. The statement highlights the ongoing initiatives and actions already in progress to support these technologies.
It emphasises the government’s vision of harnessing the opportunities presented by critical technologies to drive economic growth, generate high-paying jobs, and enhance various sectors of Australian industry and society. These critical technologies have wide-ranging implications across domains such as research, advanced manufacturing, transportation, clean energy, healthcare, defence, and national security. By prioritising the development and adoption of these technologies, the Australian Government aims to maximise their benefits while effectively addressing potential risks.
The List of Critical Technologies in the National Interest highlights several key fields that the Australian government is prioritising. These include quantum technologies, autonomous systems and robotics, artificial intelligence, and advanced manufacturing. These critical technologies offer numerous advantages for Australia. They have the potential to create high-paying and stable employment opportunities, attract investment, and find applications across various industries.
Additionally, they can play a vital role in revitalising the manufacturing sector, enhancing the dependability of supply chains, reducing greenhouse gas emissions both domestically and globally, contributing to national and regional security, as well as improving the health and well-being of Australians. The government’s focus on these critical technologies underscores their recognition of the significant benefits they can bring to the country.
Critical technologies indeed come with their fair share of risks, which the Australian government acknowledges. One such risk is the intense global competition among countries to develop and use critical technologies, which can pose challenges to Australia’s national security and supply chains. Compromised critical technologies can have severe security implications, as they may be exploited by individuals or groups to steal valuable information or employ them in ways that could harm Australia.
Furthermore, the increased adoption of critical technologies can elevate the risk of cyber-attacks. If a critical technology encounters problems or disruptions in its supply, industries reliant on it may suffer significant disruptions. To seize the opportunities presented by critical technologies while managing associated risks, the government has outlined several strategies.
These include carefully assessing impacts on the national interest, promoting widespread adoption across the economy, supporting world-class research and development in universities and businesses, encouraging both local and international investments, collaborating with other nations to develop technologies, protecting supply chains and establishing technology standards.
Moreover, the government emphasises the importance of striking a balance between economic prosperity, national security, and social cohesion when making decisions regarding critical technologies. Existing government initiatives are already in place to support critical technologies, and ongoing monitoring of new and emerging technologies will ensure that all Australians can benefit from these advancements while mitigating potential risks.
Quantum technology holds immense promise in transforming computing power and communication systems, potentially revolutionising our lifestyles, work environments, and interactions with the world. With its unprecedented capabilities, quantum technology has the potential to unlock ground-breaking advancements in various domains.
It could significantly enhance advanced medical research and imaging techniques, revolutionise satellite navigation systems, enable more accurate weather modelling, and improve disaster response management strategies. Harnessing the power of quantum technology has the capacity to bring about profound improvements in these crucial areas, leading to advancements that can benefit society at large.
Robotics and automation technologies offer significant economic, social, and environmental benefits for Australia. They address national challenges, revitalise industries and manufacturing, and provide safe and fulfilling opportunities for workers.
Artificial Intelligence offers opportunities for economic growth, job creation, and improved lives. It helps small businesses understand customers, transforms manufacturing, optimises resource management, and tackles national challenges like bushfires and health.