The 26th World Congress on Innovation and Technology 2022 (WCIT 2022) came to its grand conclusion in Penang yesterday, officially becoming the largest and most prestigious technology and innovation conference to date in Malaysia.
The bustling three-day WCIT 2022 began on 13 September 2022, and was attended by more than 4,000 delegates from over 60 countries.
More than RM46 billion worth of foreign and domestic digital investments were announced at WCIT 2022 through the inking of Memorandums of Understanding (MoUs) between some of the biggest companies in the global technology and digital arena.
These agreements are set to further progress Malaysia’s technological advancements, as the country seeks to bridge the gap not only within South East Asia, but also with the rest of the world.
Among those signed today were between Angkasa-X and Ideal Property Group; IHEAL Medical Group and the Democratic Republic of Timor-Leste; Digital Penang and Microsoft; along with Securemetric and AVM Cloud.
PIKOM were also successful in signing MoUs with the Centre for Sustainability Intelligence, the Russian National Software Developers Association (RUSSOFT), ASSESPRO Brazil, 88 Captains, Huawei and the ASEAN China RCEP Chamber.
Confident that these investments will serve Malaysia in multiple ways, PIKOM Chairman Dr. Seah said, the success of WCIT 2022 certainly cannot be overlooked as we have minimised the technological divide between Malaysia and some of the most developed countries in the world.
“We have also secured more than 25,000 new job opportunities through foreign and domestic digital investments. We will continuously seek to improve infrastructure, increase employment, foster technological innovation and ultimately, advance forward as a nation actively pursuing technological excellence,” he said.