MCMC and MIDA collaborate to develop 5G readiness assessment framework for SMEs in Malaysia

• Sectors readiness include location, investment, skills/talent, services
• Collaboration to promote and accelerate the adoption of 5G technology

The Malaysian Communications and Multimedia Commission (MCMC), in collaboration with the Malaysian Investment Development Authority (MIDA), organised a Workshop on the Implementation of the Industry Readiness Assessment Framework for 5G Services in Malaysia. The workshop, held yesterday, follows the exchange of a MoU between MCMC and MIDA on 4 July to implement programs and initiatives to leverage the 5G network for vertical sectors in Small and Medium Enterprises (SMEs).

Attended by over 100 participants, the one-day workshop aimed to develop a framework for assessing the readiness of key sectors in the national economy, namely manufacturing, services, construction, and agriculture, to adopt 5G technology.

The parameters that will be used to assess key sectors' readiness include location, investment, skills/talent, digital infrastructure, and services.

Valuable feedback was gathered from the agencies involved, including the Land Public Transport Agency (APAD), the Malaysian Palm Oil Board (MPOB), the Malaysia Productivity Corporation (MPC), SIRIM Berhad, the SME Corporation Malaysia (SME Corp), Digital Nasional Berhad (DNB), telecommunications companies, and relevant industry associations.

According to MCMC the feedback will subsequently be used to develop a comprehensive assessment framework for the adoption of 5G technology by various industries in Malaysia, including SMEs.

MCMC regards this workshop as a significant step towards ensuring industry readiness in adapting to 5G technology which has the potential to boost productivity and efficiency in the manufacturing, services, construction, agriculture, and mining sectors.

Meanwhile, MIDA also emphasised its commitment to creating a conducive environment for the use of this transformative technology. “The adoption of 5G technology will not only enhance productivity in key industries but also position Malaysia as a leader in digital innovation in the region. This will, in turn, drive economic growth and increase the nation’s competitiveness on a global scale,” said a MIDA spokesperson.

This strategic collaboration is expected to further strengthen efforts to promote and accelerate the adoption of 5G technology for key industries in Malaysia.