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HomeMalaysia NewsDigital Economy Focus Intensifies with Separation of Ministries, Affirms Minister Fahmi Fadzil

Digital Economy Focus Intensifies with Separation of Ministries, Affirms Minister Fahmi Fadzil

In a significant move aimed at bolstering Malaysia’s digital economy, the separation of the Communications Ministry and Digital Ministry has been implemented following a recent Cabinet reshuffle on December 12. Communications Minister Fahmi Fadzil emphasized that this strategic division is designed to provide specific attention to the growth and development of the country’s digital economy sector. Speaking after inaugurating the Reuse, Educate, Nurture, and Empower with Waste (R.E.N.E.W) program organized by the Institute of Continuing Education and Professional Studies (iCEPS) at Universiti Teknologi Mara (UiTM), Fahmi explained the necessity of coordinating internal policies to empower the burgeoning digital sector.

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A Unified Approach:

Fahmi clarified that the decision to separate the ministries stemmed from discussions with Prime Minister Datuk Seri Anwar Ibrahim’s team. During his tenure overseeing the Communications and Digital Ministry, Fahmi identified the need for a consolidated approach to streamline policies affecting the digital economy. Previously dispersed across four ministries, aspects such as startup and capital venture were under the Science, Technology and Innovation Ministry, upskilling and factory establishment fell under the Malaysia Digital Economy Corporation (MDEC) of the Communications Ministry, investments were managed by the Investment, Trade and Industry Ministry, and reporting involved MyDigital Corp under the Economy Ministry.

Addressing Industry Concerns:

Fahmi acknowledged industry skepticism arising from the scattered responsibilities across multiple ministries. He conveyed the need for clarity and coherence in managing issues related to the digital economy. By consolidating all relevant agencies under a single ministry, the government aims to enhance efficiency and foster a more unified approach to digital economic development.

Denial of Political Motivations:

Responding to allegations that the separation of ministries was motivated by a desire to safeguard his political career, Fahmi categorically denied any such intentions. He stressed that the restructuring was solely aimed at optimizing the government’s efforts in promoting and sustaining the digital economy. This assertion comes amidst speculation and doubts surrounding the motivations behind the Cabinet reshuffle.

In conclusion, Fahmi Fadzil’s commitment to a specialized focus on the digital economy underscores Malaysia’s dedication to fostering innovation, technological advancement, and economic growth in the digital sphere. The separation of ministries signifies a strategic effort to navigate the complexities of digital development with a more targeted and cohesive approach.