KUALA LUMPUR: Oxford Business Group (OBG), a global publishing firm, will chart Malaysia’s efforts to bring high-tech industries to the centre stage in its forthcoming report titled ‘The Report: Malaysia 2016’.
OBG said the report would look at what is next for the country’s information and communication technology (ICT) industry as the government planned for a major funding boost for infrastructure, research and development (R&D) and private sector training.
In a statement, OBG said the report would also analyse the challenges Malaysia faced in its push to create a digital economy, move up the value chain and expand capacity for high-technology and knowledge-based industries.
The publishing firm had recently signed a Memorandum of Understanding on research with the Malaysian Industry-Government Group for High Technology (MIGHT) to work together to compile and produce the report, the statement said.
MIGHT is a lead player in the drive to ready Malaysia for using high technology as a means of building economic growth and its members comprise representatives from industry, government and academia.
OBG Country Director for Malaysia Nekia Lane said Malaysia’s plans to increase the high-technology industries’ contribution to the economy would be a major focus of in the publication.
“MIGHT will, I am sure, bring valuable insight into these and other developments taking place across this rapidly-changing sector,” she said.
Meanwhile, MIGHT President and Chief Executive Officer Datuk Mohd Yusoff Sulaiman welcomed the opportunity to work with OBG in mapping out Malaysia’s efforts in advancing high-technology interest and analysing what still needed to be done.
“It is crucial that Malaysia continues attracting investment in science and technology, foster international partnerships and utilise global expertise to ensure sustainable economic development, going forward.
“I look forward to analysing these strategies with OBG as they hold considerable interest for investors,” he said. — Bernama