The Malaysia Digital Economy Corporation (MDEC) has announced a major milestone in Malaysia’s digital economy journey with MYR 6.8 billion ($1.68 billion) in digital exports recorded between 2024 and the first half of 2025.

MDEC said in a statement on Tuesday that this strong export performance was driven by MDEC’s Founders Centre of Excellence (FOX) and Gateway, Amplify, Invest & Nurture (GAIN) programs, which are designed to support high-potential Malaysian digital companies in expanding internationally, securing growth capital, and building sustainable competitiveness.

In 2024 alone, Malaysia generated MYR 4.2 billion ($1.04 billion) in digital exports, driven by 325 companies operating across 27 countries.

This momentum continued into the first half of 2025, with digital exports reaching MYR 2.6 billion ($640 million), supported by 350 companies expanding into 39 markets worldwide.

Notably, artificial intelligence (AI)-enabled companies accounted for approximately 50 percent of total digital exports, underscoring Malaysia’s growing capabilities in advanced digital technologies.

These robust performance indicators are expected to carry into the second half of 2025, further strengthening the scale, competitiveness, and resilience of Malaysia’s digital
ecosystem.

Minister of Digital of Malaysia, Gobind Singh Deo said the strong export outcomes demonstrate Malaysia’s readiness to lead in the global digital economy, underpinned by clear policies and effective public-private partnerships.

“Malaysia’s digital export growth reflects international confidence in our policies, talent, and digital infrastructure. As we advance toward becoming an AI Nation by 2030, our priority is to ensure innovation translates into tangible economic value through exports, the creation of high-quality jobs, and sustainable growth,

“These results demonstrate that Malaysian digital companies are increasingly well prepared to compete and succeed globally,” he added.

According to the statement, these efforts contributed to a combined valuation of $3.15 billion among participating companies, including the emergence of another Malaysian unicorn, underscoring the ecosystem’s growing maturity and global relevance.

The programs also enabled access to growth capital, including nine initial public offerings (IPOs) pathways.

MDEC Chief Executive Officer, Anuar Fariz Fadzil, said the results reflect MDEC’s evolution over three decades, from an ecosystem builder to a global scale enabler, further strengthening Malaysia’s position as a regional digital and innovation hub.

“The strong digital export performance achieved over the past two years reflects how targeted facilitation, enhanced market access, and funding support can accelerate Malaysia Digital (MD) companies to scale more rapidly, compete with confidence and establish a sustainable global presence,” he added.

The statement also highlighted that Malaysia’s digital exports were distributed across key regions, with ASEAN accounting for 60 percent, followed by the Middle East, the Americas, Europe, and other markets, each contributing 10 percent.

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