Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar said the economic impact of 5G on the Malaysian economy is expected to be substantial, with its deployment acting as a catalyst for the country’s productivity and growth. — Reuters pic
He said the economic impact of 5G on the Malaysian economy is expected to be substantial, with its deployment acting as a catalyst for the country’s productivity and growth. “5G and Industry 4.0 implementations are not just on the near horizon. They are here offering opportunities with the promise of speed and responsiveness that will undoubtedly usher in new products, new services and revolutionary ways of doing things,” he said in his welcoming address at the Invest Malaysia 2020 — Virtual Series 3 here today.
“Acknowledging the importance of digital transformation, we as a capital market collective need to provide the assuredness that our efforts, as corporates, regulators and financiers, are working in tandem to ensure Malaysia takes advantage of the opportunities this new wave of 5G and IR 4.0 technology will provide,” said Abdul Wahid.