Latest news with #PenangDigitalEconomyMasterPlan
New Straits Times
5 days ago
- Business
- New Straits Times
Penang eyes AI as key driver for economic growth, competitiveness
GEORGE TOWN: Penang is prioritising artificial intelligence (AI) as a core driver to enhance long-term economic competitiveness and sustainability under its innovation-led development strategy. Chief Minister Chow Kon Yeow said AI will be pivotal in advancing digital education, improving smart public services and fostering entrepreneurship under the Penang2030 Vision, themed 'A Family-Focused, Green and Smart State that Inspires the Nation.' "Penang has long been a national technology hub. As we shift to a knowledge- and innovation-based economy, AI is critical for sustained growth and global relevance," he said at the launch of AI Horizon 2025 today. The initiative is backed by the upcoming Penang Digital Economy Master Plan 2025–2030, which focuses on business digitalisation, talent development, as well as strengthening the startup and high-tech ecosystem, including AI hubs, data centres and tech incubators. Also present was Deputy Chief Minister II Jagdeep Singh Deo, chair of the state's Human Capital Development, Science and Technology Committee. Chow noted the initiative aligns with the federal government's goal under the 13th Malaysia Plan (13MP) to establish Malaysia as a regional AI leader by 2030. "The digital future cannot wait. AI must be embraced beyond professionals and introduced early in schools, Technical and Vocational Education and Training (TVET) institutions and universities," he said. Chow also praised the strong turnout at AI Horizon 2025 as a sign of public readiness to embrace AI technology. Organised by Tech Dome Penang in partnership with the Ministry of Science, Technology and Innovation (MOSTI), HRD Corp, Penang Island City Council (MBPP), the State Education Department (JPNPP), and Penang STEM, the one-day event brought together policymakers, industry leaders and educators to accelerate AI adoption at national and global levels. The event featured more than 50 local and international tech firms and over 50 strategic partners, with activities including youth AI competitions, a young engineers' programme, expert panels, public forums, and exhibitions by multinationals, small and medium enterprises, and local startups showcasing AI innovations.
The Sun
5 days ago
- Business
- The Sun
Penang embraces AI for economic growth under Penang2030 vision
GEORGE TOWN: Penang is positioning artificial intelligence (AI) as a central pillar of its economic growth strategy. Chief Minister Chow Kon Yeow highlighted AI's role in digital education, smart governance, and entrepreneurship under the Penang2030 vision. He stated that AI is vital for maintaining Penang's status as a technology hub and ensuring global competitiveness. The AI Horizon 2025 initiative supports this vision, backed by the upcoming Penang Digital Economy Master Plan 2025–2030. The plan focuses on digitalising businesses, nurturing talent, and expanding high-tech ecosystems, including AI hubs and data centres. Deputy Chief Minister II Jagdeep Singh Deo, overseeing human capital and tech development, also attended the launch. Chow emphasised alignment with Malaysia's 13th Plan to become a regional AI leader by 2030. He urged early AI integration in schools, TVET institutions, and universities to prepare the workforce. The strong public turnout at AI Horizon 2025 reflects growing interest in AI adoption. The event, organised by Tech Dome Penang and partners like MOSTI and HRD Corp, gathered policymakers and industry leaders. Over 50 tech firms and partners participated, featuring competitions, expert panels, and AI innovation exhibitions. The initiative aims to accelerate AI adoption across industries and education for long-term economic resilience. - Bernama
Barnama
5 days ago
- Business
- Barnama
Penang Eyes AI As Key Driver For Economic Growth, Competitiveness
GEORGE TOWN, Aug 8 (Bernama) -- Penang is prioritising artificial intelligence (AI) as a core driver to enhance long-term economic competitiveness and sustainability under its innovation-led development strategy. Chief Minister Chow Kon Yeow said AI will be pivotal in advancing digital education, improving smart public services and fostering entrepreneurship under the Penang2030 Vision, themed 'A Family-Focused, Green and Smart State that Inspires the Nation.' 'Penang has long been a national technology hub. As we shift to a knowledge- and innovation-based economy, AI is critical for sustained growth and global relevance,' he said at the launch of AI Horizon 2025 today. The initiative is backed by the upcoming Penang Digital Economy Master Plan 2025–2030, which focuses on business digitalisation, talent development, as well as strengthening the startup and high-tech ecosystem, including AI hubs, data centres and tech incubators. Also present was Deputy Chief Minister II Jagdeep Singh Deo, chair of the state's Human Capital Development, Science and Technology Committee. Chow noted the initiative aligns with the federal government's goal under the 13th Malaysia Plan (13MP) to establish Malaysia as a regional AI leader by 2030. 'The digital future cannot wait. AI must be embraced beyond professionals and introduced early in schools, Technical and Vocational Education and Training (TVET) institutions and universities,' he said. Chow also praised the strong turnout at AI Horizon 2025 as a sign of public readiness to embrace AI technology. Organised by Tech Dome Penang in partnership with the Ministry of Science, Technology and Innovation (MOSTI), HRD Corp, Penang Island City Council (MBPP), the State Education Department (JPNPP), and Penang STEM, the one-day event brought together policymakers, industry leaders and educators to accelerate AI adoption at national and global levels.
