Stay connected with BizTech Community—follow us on Instagram and Facebook for the latest news and reviews delivered straight to you.
EDOTCO Malaysia, the leading telecommunications infrastructure company in the nation, has established two important partnerships with the Malaysia Digital Economy Corporation (MDEC) and Boost, a prominent regional fintech provider. These alliances are intended to speed up Malaysia’s digital economy by improving infrastructure and promoting financial inclusion. This marks a significant step forward in the country’s efforts towards comprehensive digital transformation.
Strengthening the Digital Ecosystem
The strategic partnerships were formalized during a signing ceremony at Laman EDOTCO in Saujana Subang. The event was graced by the Minister of Digital, Gobind Singh Deo. In his address, the Minister emphasized the critical role these collaborations will play in supporting the Malaysia Digital (MD) ecosystem. The partnerships aim to leverage EDOTCO’s expertise in telecommunications infrastructure to drive innovation across sectors such as Digital Agriculture, Digital Cities, and Digital Tourism. “This initiative,” remarked the Minister, “will provide the infrastructure support necessary to bridge the urban-rural divide, positioning Malaysia as a leader in the global digital economy.”
The collaboration with MDEC reflects the government’s strong commitment to advancing digital adoption nationwide. EDOTCO, serving as an infrastructure ecosystem partner for Malaysia Digital, will provide expert advisory services and special rates for cutting-edge digital infrastructure solutions. This partnership aims to create a robust foundation for Malaysia’s economy, ensuring it is well-equipped to embrace the digital future.
EDOTCO’s contributions will include the deployment of 4G and 5G in-building connectivity for Malaysia’s Digital Cybercities and Cybercentres, as well as alternative connectivity solutions like low-orbit satellites and sustainable smart city technologies. These efforts will be supported by EDOTCO’s state-of-the-art Network Planning and Analytics (NaPA) system, which enhances network performance through data-driven insights and strategic planning.
“MDEC is excited to collaborate with EDOTCO on this important milestone,” said Mahadhir Aziz, CEO of MDEC. “Their expertise in digital infrastructure makes them an ideal partner to empower Malaysia’s innovators and drive the country’s digital transformation.”
Boost Partnership: Advancing Financial Inclusion
In partnership with MDEC, EDOTCO has collaborated with Boost to introduce the ‘Tower Landowner Credit Access’ initiative. This program aims to offer financial support to more than 2,200 individuals and private landowners who have agreements with EDOTCO, contributing to enhanced financial inclusivity in Malaysia.
The initiative’s initial phase will concentrate on assisting small and medium enterprise (SME) tower landowners by providing simplified access to credit. There are plans to extend these benefits to a wider audience soon. By utilizing existing agreements, the program creates new opportunities for credit access, especially for unbanked or underbanked individuals. It also promotes financial literacy to establish a more inclusive financial ecosystem.
Sheyantha Abeykoon, Group CEO of Boost, emphasized the significance of the collaboration, expressing, “Our partnership with EDOTCO demonstrates our dedication to providing uncomplicated financial solutions to those in need. Through the integration of our fintech services, we aim to bolster the financial well-being and advancement of underserved communities, fostering economic progress in these regions.”
Paving the Way for Malaysia’s Digital Future
Adlan Tajudin, Group CEO of EDOTCO, emphasized the importance of these strategic partnerships, stating, “Our collaborations with MDEC and Boost are crucial for advancing Malaysia’s digital economy. By partnering with MDEC, we are ensuring that our tech ecosystem is supported by the best infrastructure, which will enable startups and innovators to thrive. At the same time, our collaboration with Boost will empower our landowners financially, helping them to contribute more effectively to our business and the wider economy.”
Through these strategic initiatives, EDOTCO is positioned to play a leading role in Malaysia’s digital transformation. By providing the necessary infrastructure and financial tools, the company is not only promoting innovation and inclusivity but also laying the groundwork for sustainable economic growth. These efforts align with Malaysia’s national strategic goals under the Malaysia Digital initiative, demonstrating EDOTCO’s commitment to creating a digitally empowered nation.
