EDOTCO Malaysia has announced two significant partnerships with Malaysia Digital Economy Corporation (MDEC) and Boost. These collaborations are aimed at accelerating Malaysia’s digital economy through advanced digital infrastructure and financial inclusion initiatives.
The MOUs were signed today at Laman EDOTCO in Saujana Subang, witnessed by YB Tuan Gobind Singh Deo, Minister of Digital. In his speech, the Minister emphasized the importance of these partnerships in supporting Malaysia’s digital ecosystems and promoting financial inclusion.
MDEC Partnership: Future-Ready Digital Infrastructure
In collaboration with MDEC, EDOTCO will offer expert advisory services and preferential rates for next-generation digital infrastructure solutions to MD status companies. As a key infrastructure partner for Malaysia Digital initiatives, EDOTCO will play a crucial role in building a reliable digital foundation, including 4G and 5G connectivity in Malaysia Digital Cybercities and Cybercentres, as well as alternative connectivity solutions like low-orbit satellites and sustainable smart city solutions.
EDOTCO’s Network Planning and Analytics (NaPA) will provide enhanced network planning and data-driven decision-making to ensure the availability of advanced connectivity infrastructure. This will allow startups and innovators to focus on developing new technologies and services that can benefit both urban and rural communities, driving further growth in Malaysia’s digital economy.
Mahadhir Aziz, CEO of MDEC, expressed excitement about the partnership, noting that EDOTCO’s expertise will support the rapid deployment of essential infrastructure for Malaysia’s digital economy, in line with the national strategic initiative, Malaysia Digital (MD).
Boost Partnership: Financial Empowerment for Landowners
EDOTCO’s partnership with Boost introduces the ‘Tower Landowner Credit Access’ initiative, designed to provide financial stability to more than 2,200 landowners with existing tenancy agreements. This initiative will offer simplified access to cash, especially benefiting SME tower landowners and later expanding to individual landowners. The program is aimed at fostering financial inclusion, particularly for those who are unbanked or underbanked.
Sheyantha Abeykoon, Group CEO of Boost, highlighted that the partnership exemplifies their commitment to providing accessible financial solutions, fostering economic growth, and supporting underserved communities. This initiative aligns with Boost’s transformation into a full-fledged digital bank.
Adlan Tajudin, Group CEO of EDOTCO, stated that these partnerships are pivotal in driving Malaysia’s digital economy forward by providing the necessary infrastructure for tech startups and innovators while also empowering landowners with financial stability.