The Malaysia Digital Economy Corporation (MDEC) has secured over MYR 1 billion (USD 238 million) in digital export opportunities through its DEX CONNEX 2025 initiative, solidifying Malaysia’s position as a leading digital hub in ASEAN. The platform connected 217 Malaysian tech companies with markets in Indonesia, the Philippines, Thailand, and Vietnam, resulting in 55 memoranda of understanding (MoUs) and agreements across sectors such as artificial intelligence, cloud services, fintech, data centers, smart city solutions, and agritech. This achievement aligns with the Malaysia Digital Economy Blueprint, which aims for the digital economy to contribute 25.5% to GDP by 2030, highlighting Malaysia’s growing regional influence in fostering innovative digital ecosystems.
Significant outcomes include 26 MoUs in Indonesia, a landmark partnership with Data Centre Incorporated in the Philippines, a renewed collaboration with Thailand’s Digital Economy Promotion Agency (DEPA), and strategic agreements in Vietnam covering telecoms, biotech, and community platforms. These partnerships focus on driving innovation, sustainability, and cross-border collaboration to enhance digital infrastructure across ASEAN. MDEC’s CEO, Anuar Fariz Fadzil, described DEX CONNEX as a catalyst for building resilient and sustainable digital ecosystems, transcending its role as a mere trade platform.
Since its launch in 2017 under MDEC’s Global Acceleration and Innovation Network (GAIN) program, DEX CONNEX has generated MYR 47.13 billion (USD 11.22 billion) in revenue and MYR 15.4 billion (USD 3.67 billion) in exports. The 2025 results demonstrate the strength of Malaysia’s tech sector in penetrating ASEAN markets, leveraging strategic partnerships to bolster digital transformation and economic growth. By facilitating connections between Malaysian companies and regional opportunities, MDEC is positioning Malaysia as a leader in ASEAN’s digital economy, driving technological advancements and sustainable development.
(Source: Business Today(
