Malaysia aims to become leading country in global startup ecosystem

Malaysian Prime Minister Anwar Ibrahim has said that the country aims to become one of the top 20 nations with a startup ecosystem by 2030.
Malaysia aims to become leading country in global startup ecosystem ảnh 1Malaysia has set a target of becoming one of the top 20 nations with a startup ecosystem by  2030. Illustrative image (Photo: XINHUA/VNA)

Kuala Lumpur (VNA) – Malaysian Prime Minister Anwar Ibrahim has said that the country aims to become one of the top 20 nations with a startupecosystem by 2030.

He made the statement after chairing the first meeting ofthe National Council for Digital Economy and Fourth IndustrialRevolution on August 29.

The Malaysian government will implement a single window initiative tocoordinate and reorganise functions, especially those relating to collaborationacross agencies in the startup ecosystem, he said, adding that the target is toestablish 5,000 startup companies by 2025.

To date, there are at least 14agencies involved in the startup ecosystem covering aspects of financing,product development, marketing and expertise, according to Anwar.

The government will continue to enhance the public sectordigitalisation programme to ensure sustainable digital progress and drive thecountry's digital transformation agenda, Anwar said./.

VNA

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