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MALAYSIA DIGITAL ECONOMY CORPORATION PARTNERS WITH THE SAN JOSE SILICON VALLEY CHAMBER OF COMMERCE ON ITS INITIATIVE TO DRIVE ECONOMIC ADVANCEMENT - SILICON VALLEY IDEA
Friday 04/11/2016
From left, MDeC Americas President Dato' Dan E. Khoo, MDEC CEO Dato' Yasmin Mahmood, MDEC Chairman Tan Sri Sidek Hassan, San Jose Silicon Valley Chamber of Commerce President & CEO Matthew Mahood, Santa Clara County President of the Board of Supervisors Dave Cortese, and San Jose Silicon Valley Chamber of Commerce Vice Chair of Economic Development Cosme Fagundo. On Wednesday, Nov. 2 the San Jose Silicon Valley Chamber of Commerce entered into a strategic alliance with the Malaysian Digital Economy Corporation. |
Partnership to grow the bi-directional flow of digital economy talent, capital, ideas and innovation between South-east Asia and Silicon Valley
PALO ALTO, CA , Nov 4 (Bernama) --The Malaysia Digital Economy Corporation (MDEC), through its United States affiliate MDeC Americas Inc., and the San Jose Silicon Valley Chamber of Commerce on 2 November 2016 announced a partnership involving the Chamber’s regional development program Silicon Valley IDEA (Initiative to Drive Economic Advancement).
The agreement was signed at the MDeC Americas office in Palo Alto by MDeC Americas President Dato’ Dan E. Khoo and San Jose Silicon Valley Chamber of Commerce President and CEO Matthew Mahood. Dignitaries present at the signing included MDEC Chairman Tan Sri Sidek Hassan and MDEC CEO Dato’ Yasmin Mahmood, and Santa Clara County Supervisor David Cortese and Chairman of the San Jose Silicon Valley Chamber of Commerce Economic Advancement Committee Cosmo Fagundo, representing the Chamber and the Silicon Valley region.
The strategic objectives of the partnership are to grow the bi-directional flow of talent, capital, ideas and innovation between the two regions relating to the digital economy, information and communications technology, leveraging Silicon Valley IDEA as well as the broader development and collaboration platforms afforded by the Chamber, MDeC Americas and MDEC. Anticipated outcomes include growing the trade of digital products and services between Silicon Valley and Malaysia, expanding the use of Malaysia as Silicon Valley’s strategic gateway to the multinational ASEAN region, and connecting Malaysian and ASEAN region entrepreneurs and companies to Silicon Valley financial, intellectual and relational capital.
“Silicon Valley has long been the world’s leading digital innovation ecosystem, and therefore one that Malaysia, with its far-reaching strategic objective to become one of the world’s leading digitally-driven economies, must be a part of,” said Yasmin Mahmood, CEO of MDEC. “Our relationship with the San Jose Silicon Valley Chamber of Commerce and partnership in Silicon Valley IDEA builds upon the establishment of the MDeC Americas Silicon Valley presence in 2015 and the many valuable programs and collaborations already underway. Deepening our involvement in this dynamic region will accelerate the success of innovative Malaysian and ASEAN tech companies as well as the achievement of a key national objective.”
Silicon Valley IDEA (Initiative to Drive Economic Advancement), the Chamber’s regional economic development program, reflects the innovative thinking of the Silicon Valley region to advance the Chamber’s economic development goals of sustaining an environment where businesses can thrive, regardless of industry or size, and improving the quality of life for the people that live in its municipalities.
“Silicon Valley is the hub that brings together the best and brightest entrepreneurs, innovators and technical talent far and wide. While we occupy a distinct region within northern California, we are truly a global community tied together by a common yearning to innovate,” said Matthew Mahood, President and CEO of the San Jose Silicon Valley Chamber of Commerce. “We heartily embrace MDEC and the Malaysian entrepreneurs and innovators it represents as members of the Silicon Valley community, and look forward to the many ideas, collaborations and business opportunities their expanded presence will bring.”
About Malaysia Digital Economy Corporation (MDEC) and MDeC Americas
MDeC Americas, Inc., based in Palo Alto, California, is the entity under the Malaysia Digital Economy Corporation Sdn. Bhd. or MDEC, tasked with spearheading MDEC’s presence in the Americas. An agency under the Ministry of Communications and Multimedia Malaysia, MDEC has been entrusted to develop, coordinate, and promote Malaysia’s digital economy, information and communications technology (ICT) industry, and the adoption of digital technology amongst Malaysians. Incorporated on 5th June 1996, MDEC was officially established to strategically advise the Malaysian Government on legislation, policies and standards for ICT and multimedia operations. Additionally, MDEC is also entrusted to oversee the development and nurture the growth of local tech companies whilst attracting foreign direct investments (FDIs) and domestic direct investments (DDIs) from global multinational companies to invest and develop cutting-edge digital and creative solutions in Malaysia. In 2011, MDEC’s mandate was broadened to drive Malaysia’s transition towards a developed digital economy, built upon a vibrant domestic tech industry, transformative adoption of digital solutions by government, businesses and citizens, as well as a robust enabling ecosystem. For more information about MDEC, please visit www.mdec.my. For more information about MDEC Americas please visit www.mdecamericas.com
About the San Jose Silicon Valley Chamber of Commerce
The San Jose Silicon Valley Chamber of Commerce is a nonprofit business association representing nearly 1,500 employers and 250,000 employees throughout the greater Silicon Valley. Its mission is to create a strong local economy, provide premier business connections and visibility, represent the interests of business to government, promote the community and initiate political and community action.
For more information please visit https://www.sjchamber.com
Source : Malaysia Digital Economy Corporation (MDEC)
FOR MORE INFORMATION, PLEASE CONTACT:
San Jose Silicon Valley Chamber of Commerce
Name: Mayra Flores De Marcotte
Tel:408 291 5275
Email : mayraf@sjchamber.com
MDec Americas
Name: Bill Fallon
keating
Tel: 973 768 6764
Email : bfallon@keatingco.com
--BERNAMA |
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