Tun Dr Mahathir bin Mohamad, the Prime Minister of Malaysia, has reportedly stated that the country is on the right track to roll out 5G technology by Q3 of 2020. Following the introduction of the 5G Malaysia Demonstration Projects, he touted the initiative as the significant beginning of the economic journey towards strengthening and achieving exponential growth to showcase the advancements of the country and how it provides people with high standards of living. It integrates public and private sectors to work together under one main objective, i.e., to develop Malaysia.
Dr Mahathir further says that 5G technology can offer novel growth opportunities. He expressed his belief that the adoption of 5G in healthcare, education, manufacturing, agriculture, tourism, smart transportation, and other industries can create noticeable prospects for several industries, societies, and individuals in delivering better services alongside advancing digital ambitions.
The PM believes this technology could offer various challenges and opportunities to promote an array of new services. He noted that an economy must outperform and push past certain limitations to thrive confidently, although the interlinking of the economy is likely to result in Malaysia not being immune to continuous global economic expansion. He is also focused on enhancing skills of workforce and embracing the idea of coopetition in the face of Fourth Industrial Revolution.
According to Dr. Mahathir, collaborations can transcend the limitations of private sector, referring to the concept of Malaysia Incorporated that was introduced in his first tenure as Prime Minister. He stated that Fourth Industrial revolution will be highly adopted by organizations that are willing to share knowledges and practices with others.
For instance, the collaboration between private and public sectors creates an instance that out of 100 5G use cases identified under 5G demonstration projects, 72 use cases are being undertaken in 56 live 5G sites across Kuala Lumpur, Kedah, Terengganu, Selangor, Perak, and Penang. The RM 16.5 Mn AMBBR pilot project that was completed in 2018 was tested for over two years before being introduced to other plants, once it was deemed effective.