With multiple agreements, mdec just boosted uk tech industry ties for 2017

The ongoing trade mission to the UK by national ICT agency The Malaysian Digital Economy Corporation (MDEC) is already taking ties between the two nations' technology sectors to new levels for 2017 and beyond. 

Supported by the UK Department for International Trade (DIT), MDEC chief executive officer Dato' Yasmin Mahmood, who is leading the mission to the UK, has announced three signed agreements with PGI Cyber Security, Future Cities Catapult and the University of Salford. 

"We are excited to be signing the MoUs [memorandums of agreement] with innovative UK organisations and building opportunities with the UK's growing technology sector," she said. 

"DIT has been extremely supportive, and we are looking forward to further strengthening the relationship between our two nations," said Yasmin.

 

The mission also saw three Malaysia based security companies (SysArmy, TecForte and LGMS) signing MoUs with the University of Salford to strengthen the solution proposition in the area of cyber threat intelligence, Darknet & Dark Web analysis, malware & vulnerability analysis, and IoT Security & Forensic.

The visit follows bilateral discussions between the countries, which started earlier in June when DIT hosted MDEC during the London Tech Week, signalling the UK's interest in collaborating with Malaysia's technology sector, as well as Malaysia's potential as gateway to ASEAN markets.
 
 What the new agreements mean
 

This is the first cyber security academy in the Asia Pacific region and will Introduce UK GCHQ accredited cyber security courses in building and strengthening the cyber security talent pool for Malaysia and APAC region.

  • With Future Cities Catapult, London, to confirm an exchange and partnership programme for UK / Malaysian Smart Cities projects

  • With the University of Salford to commit to a research and development (R&D) information exchange, focusing particularly on data analytics, IoT and cyber security.

Commenting on the increasingly strong bilateral ties, Ipoh-born H.E. Vicki Treadell CMG MVO, British High Commissioner to Malaysia, said: "With one of the largest and fastest growing technology sectors in the world, The UK is well placed to partner Malaysia to create business opportunities, develop talent and enhance the digital economy in both countries.

"I am confident that the UK and Malaysia can look forward to productive collaboration as we work to embrace and shape the digital opportunity together," said Treadell.

Malaysia is the UK's second largest trading partner in The Association of Southeast Asian Nations (ASEAN) with bilateral trade reaching £4.4 billion in 2015 (and this figure expected to be significantly larger by the end of 2016).

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