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Corporate Profile

What we stand for

Shaping Malaysia's Digital Future

Malaysia Digital Economy Corporation Sdn. Bhd. or MDEC (formerly known as Multimedia Development Corporation Sdn. Bhd.) is an agency under the Ministry of Communications and Multimedia Malaysia. We have been entrusted to develop, coordinate, and promote Malaysia’s digital economy, information and communications technology (ICT) industry, and the adoption of digital technology amongst Malaysians.

MDEC was incorporated on 5th June 1996. The corporation was officially launched by the then Prime Minister Tun Dr. Mahathir Mohamad on 1st August 1996. We were established to strategically advise the Malaysian Government on legislation, policies and standards for ICT and multimedia operations. We were also entrusted to oversee the development of the MSC Malaysia initiative, the platform to nurture the growth of local tech companies whilst attracting foreign direct investments (FDIs) and domestic direct investments (DDIs) from global multinational companies to invest and develop cutting-edge digital and creative solutions in Malaysia.

Our Mandate

Develop, coordinate, and promote Malaysia’s digital economy, information and communications technology (ICT) industry, and the extensive use of ICT in Malaysia

In 2011, our mandate was broadened to play a catalytic role in driving Malaysia’s transition towards a developed digital economy by 2020. In 2012, Digital Malaysia was official unveiled as the nation’s transformational programme to achieve this objective. Digital Malaysia is a national agenda that is fully developed with a sustainable digital economy built upon a vibrant domestic ICT industry, transformative adoption of digital solutions by government, businesses and citizens, as well as a robust enabling ecosystem.

Our Vision

Leadership in the information age.

Our Mission

To spearhead the nation’s digital economy by:

  1. Enhancing Malaysia’s status as a global hub and preferred location for ICT industry
  2. Catalysing a holistic ecosystem that promotes the pervasive use of ICT and creates connected communities