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Thursday, 4th June 2020M – Launching of Digital Economy Masterplan 2025

The Digital Economy Council today launched the Digital Economy Masterplan 2025 for the next five (5) years.

Through the Digital Economy Masterplan 2025, the direction and main focus are aligned with the aspiration of His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien, Sultan and Yang Di-Pertuan of Negara Brunei Darussalam, for Brunei Darussalam to become a Smart Nation.

With the vision of 'Smart Nation through Digital Transformation' and mission 'To drive and enhance Brunei Darussalam's socio-economic growth through digital transformation', the Digital Economy Masterplan 2025 is intended to support the objectives of Brunei Darussalam's Vision 2035, which includes, High Quality of Life, Highly Educated and Skilled Workforce, and a Sustainable and Dynamic Economy.

Guided by Maqasid Shariah, the Digital Economy Masterplan 2025 has the following Strategic Objectives:-

  1. Vibrant and Sustainable Economy;
  2. Digital and Future Ready Society; and
  3. Digitally Conducive Ecosystem.
    In addition, four (4) Strategic Thrusts have been identified to support the mission and vision of the Digital Economy Masterplan 2025, namely:-
  1. Industry Digitalization - This Strategic Thrust, among others, focuses on the need to evaluate the readiness of stakeholders to adopt IR 4.0 technologies and to undertake a comprehensive awareness programme, especially for macro, small and medium enterprises (MSMEs);
  2. Government Digitalization - This Strategic Thrust emphasized on the important role of government in facilitating economic growth. Among the focused areas which are emphasized are the implementation of a digital identity ecosystem, innovation of public experience and evolvement of cloud usage;
  3. A Thriving Digital Industry - The ICT sector needs to emphasize on the application of technologies to nurture and sustain growth for improvement of local digital and other sectors; and
  4. Manpower and Talent Development - Manpower needs to be equipped with the capabilities required in line with the rapid advancement in technology.
    With the Digital Economy Masterplan 2025, the Digital Economy Council will focus on the implementation of key projects under the nine (9) priority clusters which are expected to have a significant impact on economic growth through the implementation of digital transformation. The clusters are:-
  1. Logistics and Transportation;
  2. Energy;
  3. Business Services;
  4. Tourism;
  5. Financial Services;
  6. Health;
  7. Agri-food;
  8. Education; and
  9. Halal.
    The Digital Economy Masterplan 2025 was launched today via its upload in PDF format and interactive e-book format featuring live Titah Excerpt by His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam onto the official website of the Ministry of Transport and Infocommunications at www.mtic.gov.bn.


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