, the Malaysian Communications and Multimedia Commission emphasised that 5G is not just about enhanced speeds and connectivity, but it’s also an economic driver that can improve the quality of life, businesses including SMEs, and the government.
According to the Malaysian Institute of Economic Research , 5G implementation will provide a significant impact on the nation’s economy. It is estimated that it would contribute up to RM12.7 billion to the GDP between 2021 and 2025. On top of that, it has the potential to create more than 39,000 new jobs with higher income, and almost 40% of these jobs are expected to be available in 2025.in grant for 5G ecosystem development.
At the moment, Malaysia is currently running its 5G demonstration projects in six states namely Penang, Selangor, WP Kuala Lumpur, Perak, Kedah and Terengganu. MCMC has identified a total of 100 5G use cases that has an initial total investment of RM143 million. This will consist of 72 industry use cases and 28 Government use cases. The demonstration project aims to nurture the development of 5G use cases and to facilitate collaboration between Ministries, key industry partners as well as SMEs and startups.
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