Malaysia Digital Economy Corporation (MDEC) announced last Thursday that Futurise Sdn Bhd is set to move as a subsidiary of Cyberview Sdn Bhd to MDEC.

MDEC said in a statement that this is a strategic transition that will expedite innovation society under a unified governance structure, enabling greater coordination and impact in Malaysia’s future digital economy initiatives.

“This move aligns key national innovation assets under MDEC as part of a whole-of-government approach to digital advancement,

“By integrating Futurise’s mandate under MDEC, we create a more cohesive and powerful engine for innovation, regulatory agility, and high-impact digital initiatives,” said Gobind Singh Deo, Minister of Digital.

He added Futurise will continue to lead the National Regulatory Sandbox (NRS), drive ease of doing business, and accelerate industry-led research and societal innovation, all with enhanced scalability and national coordination.

Under MDEC’s stewardship, Futurise will deepen its role as a strategic enabler of innovation, focusing on regulatory modernization, policy advisory, and next-generation technologies, including artificial intelligence, in line with Malaysia’s goal to become a leading artificial intelligence (AI) nation by 2030.

The NRS will be expanded to provide a more robust, controlled environment for testing technology-driven solutions, deepening relationships with industries, whilst helping the government assess and adopt innovations that benefit the Malaysians.

“Bringing Futurise into MDEC marks a pivotal step in consolidating Malaysia’s innovation capabilities,

“Futurise’s expertise in regulatory sandbox management will significantly enhance our strategic initiatives and support closer collaboration with ministries and industry leaders to commercialise new technologies,” said Anuar Fariz Fadzil, Chief Executive Officer of MDEC.

He said Futurise will continue to serve as a key policy advisory body, developing progressive regulatory frameworks to future-proof Malaysia’s digital economy and reduce barriers for innovators.

Kamarul Ariffin Abdul Samad, Chief Executive Officer of Cyberview, also said Futurise was born out of Cyberview’s mandate to seed the future through Cyberjaya the Global Tech Hub.

“As Futurise transitions to MDEC, we see a startup we nurtured mature into a national asset, exemplifying the ‘whole-of-government’ approach,” he added.

Malaysia records $1.68B digital exports between 2024 and the first half of 2025