The Malaysia Digital Economy Corporation (MDEC) and Zhejiang University has inked a Letter of Intent (LOI) for collaborating on digital transformation, AI ecosystem and smart cities based on the ‘Zhejiang Model’, a successful digital governance transformation framework.
MDEC CEO Anuar Fariz Fadzil mentioned that this partnership is important for Malaysia’s goal of becoming a top digital country under the MADANI Government.
“This partnership reinforces MDEC’s core mission to build a robust digital ecosystem that incubates future-ready talent, drives innovation and supports cutting edge research,” said Anuar. He also added that it closely aligns with the government’s digital transformation agenda, prioritising key areas such as talent development, enhanced data management, AI security and smart cities.
Zhejiang University, which has a history of over a hundred years, is well-known for helping develop tech talent and promoting AI innovation.
One of its notable figures is Liang Wenfeng, the founder of DeepSeek. His work has led to important advancements in Generative AI, making powerful AI models cheaper and easier to use, which helps make AI technology available to more people around the world.