KUALA LUMPUR: Digital Nasional Bhd (DNB) has published a report by Ernst Young Consulting Services Sdn Bhd (EY) on the potential future impact on Malaysia’s economy from the deployment of a single wholesale 5G network (SWN) and the adoption of subsequent 5G applications (or use cases).
In a statement today, DNB said the report, entitled "Estimating the economic impact of the Single Wholesale 5G Network in Malaysia", was published in conjunction with the National Digital Economy and 4IR Council meeting chaired by Prime Minister Datuk Seri Ismail Sabri Yaakob recently.
"EY's first economic model indicates that in 2030, the adoption of 5G technologies will increase Malaysia's gross domestic product (GDP) by 5.0 per cent or RM122 billion.
"In addition, 5G will also support the creation of 148,000 jobs across the economy and will contribute to an increase in the proportion of high-skilled jobs," said DNB, which is mandated by the Ministry of Finance (MoF) to be the single neutral party to undertake an accelerated deployment of the 5G network and infrastructure nationwide.
The report also said that the uplift of GDP and creation of jobs are expected to begin with the rollout of the SWN in 2021, steadily increasing in the years to 2030, and extending beyond 2030.
"The projected increase in GDP will be driven by increases in efficiency and improvements in productivity that are delivered by digital transformation enabled by 5G use cases.
"The expansion of digital industries and the entry of new firms to the market will also increase GDP," it added.
EY's second economic model indicated that DNB's direct investment in the 5G network could generate an additional GDP contribution of RM20.9 billion.
Of this, an estimated RM7.9 billion (or 38 per cent) relates to the GDP generated directly by DNB through its expenditure on operating and corporate costs, with RM13 billion generated throughout the supply chain and wider economy.
"At the peak of the network deployment in 2022, DNB's investment could support over 14,800 jobs across the economy through the increased demand placed on the sector's supply chain.
"The new single wholesale 5G network developed by DNB will use the latest 5G technology, providing benefits in terms of speed, quality, reliability and capability compared to the first generation of 5G networks around the world," said the statement.
DNB said the network is expected to reach coverage in populated areas of 40 per cent in 2022, 70 per cent in 2023, and 80 per cent in 2024.
"Thus, the overall impact on the economy will be generated by private investment as the cost of deploying the 5G network will be funded entirely by the private sector through DNB, with no government allocation, funding or guarantees involved," it said.
The report also considers the wider socio-economic and environmental benefits that could be realised with the SWN being developed by DNB for 5G services.
It highlights that the SWN will help bridge the digital divide and provide a more level playing field in terms of connectivity by providing the rakyat with accelerated access to a high-quality broadband connection, especially in rural areas.
"Bringing connectivity to rural areas will improve inclusivity, provide more opportunities for education, skills development and employment, as well as improve access to essential healthcare services.
"This will help in driving rural economic growth and provide rural businesses with more opportunities to scale up by accessing online markets," said DNB.
-- BERNAMA
Bernama
Tue Nov 16 2021
DNB has published a report by Ernst Young Consulting Services Sdn Bhd (EY) on the potential future impact on Malaysias economy from the deployment of a single wholesale 5G network (SWN) and the adoption of subsequent 5G applications (or use cases).
Niaga AWANI: KWSP: Melestari kehidupan persaraan
Kumpulan Wang Simpanan Pekerja (KWSP) dikatakan bukan satu-satunya organisasi yang bertanggungjawab dari segi menambah baik kehidupan masyarakat. Namun KWSP telah memperkenalkan Akaun Fleksibel dan berkuat kuasa mulai 11 Mei 2024. Bagaimana pengurusan persaraan selepas ini dan apakah pendekatan terbaik bagi meningkatkan literasi kewangan dalam kalangan masyarakat?
CapCut juga mungkin akan diharamkan di Amerika Syarikat
Menurut laporan The Washington Post, Amerika Syarikat turut akan memerlukan CapCut dijual untuk terus beroperasi di negara mereka.
Niaga AWANI: WEF: Exploring multiple dimensions for energy transition
Current climate change has left a significant impact on the health of the planet. Therefore, global at this time gives special focus on energy transition efforts. Head of Centre for Energy and Materials; Member of the Executive Committee, World Economic Forum, Roberto Bocca shares on this at the World Economic Forum from Riyadh, Saudi Arabia.
Niaga AWANI: WEF: Addressing the economic spillover of Middle East tensions
With the Middle East conflict escalating following Iran's attack on Israel early on Sunday, fears are mounting that another series of destructive shockwaves will reverberate through global markets. Head of Research, MIER, Dr Shankaran Nambiar, speaks further on this matter.
AWANI Pagi: Pendidikan kanak-kanak Malaysia ketinggalan?
Ikuti perkongsian pandangan Pensyarah Kanan Jabatan Asas Pendidikan, Fakulti Pendidikan UiTM, Dr Khadijah Said Hashim susulan laporan yang dikeluarkan Bank Dunia baru-baru ini.
AWANI Ringkas: 'Geng Bob' tumpas, lima ditahan disyaki edar dadah
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
Kebakaran kilang cat: JAS tempatkan dua alat ukur kualiti udara
Pengukuran tahap kualiti udara masih diteruskan secara berkala sehingga keadaan kembali seperti biasa.
KPM giat laksana pelbagai inisiatif bagi reformasi pendidikan negara
Kelas prasekolah akan diperluas di seluruh institusi pendidikan bawah KPM bagi memastikan isu keciciran murid dapat ditangani daripada awal.
Anwar minta seluruh negara Arab tegas dalam isu Palestin
Katanya, semua pihak juga perlu menyuarakan bantahan terhadap pencerobohan dan pendudukan haram Israel di tanah Palestin.
Bukan rombak satu FAM
Ridzuan menegaskan rombakan tersebut tidak perlu dilakukan untuk semua jawatan dalam badan induk bola sepak negara itu.
DNB umum ahli lembaga pengarah baharu merangkumi lima pengendali rangkaian mudah alih
DNB melantik ahli lembaga pengarah baharu, yang terdiri daripada pemimpin-pemimpin kanan industri telekomunikasi dan teknologi.
Ahli lembaga pengarah, hala tuju DNB diumum esok - Fahmi
Fahmi menjelaskan dalam mesyuarat Kabinet pada Rabu, Perdana Menteri Datuk Seri Anwar Ibrahim telah memberi penegasan mengenai pelaksanaan rangkaian 5G dan perkara-perkara yang dipersetujui.
Isu DNB diputuskan minggu depan - Anwar
Isu berhubung dakwaan Digital Nasional Bhd (DNB) bertindak tidak telus dalam menjalankan operasi dalaman, akan diputuskan kerajaan pada minggu depan.
DNB nafi dakwaan tidak telus dalam menjalankan operasi dalaman
Digital Nasional Bhd (DNB) dengan tegas menafikan dakwaan bertindak tidak telus dalam menjalankan operasi dalaman serta menolak sebarang gambaran negatif terhadap amalan tadbir urus dan perolehannya.
Malaysia terus menerajui prestasi rangkaian 5G di Asia Tenggara - Ookla
Malaysia terus mendahului di Asia Tenggara dari segi prestasi rangkaian 5G, dengan kelajuan muat turun median 5G negara berada pada paras 451.79 megabait sesaat (Mbps).
Rangkaian 5G kedua Malaysia mungkin ditangguh
Pembentukan rangkaian 5G kedua ini berhadapan beberapa isu antaranya ialah penggunaan kelengkapan Huawei dan ZTE.
Kadar panggilan terputus turun hingga 74 peratus - Fahmi
MCMC merekodkan kadar penurunan panggilan terputus untuk setiap rangkaian mudah alih 4G antara 10 hingga 74 peratus.
Kelajuan 5G Malaysia terpantas di Asia Tenggara, ketiga di dunia - Fahmi Fadzil
Kelajuan rangkaian 5G Malaysia merupakan terpantas di Asia Tenggara dan ketiga di peringkat global dengan median kelajuan 485.25Mbps.
CEO baharu DNB diumum selepas perjanjian dimuktamad - Fahmi
Ketua Pegawai Eksekutif (CEO) Digital Nasional Bhd (DNB) yang baharu dijangka diumumkan selepas semua perkara melibatkan perjanjian langganan saham dimuktamadkan.
Telco tandatangani perjanjian mengenai pemilikan ekuiti DNB dalam masa terdekat - Fahmi
Semua syarikat telekomunikasi (telco) di negara ini dijangka menandatangani perjanjian langganan saham (SSA) mengenai pemilikan ekuiti dalam Digital Nasional Bhd (DNB) dalam masa terdekat.