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).
SDG: UTP lahir pelajar berkemahiran, tinggi tanggungjawab sosial
UTP berhasrat mendidik pelajar bukan sahaja untuk mahir dalam aspek teknikal tetapi juga untuk menjadi warganegara yang bertanggungjawab.
MAA semak semula unjuran jualan kenderaan 2024 kepada 765,000 unit
Persatuan Automotif Malaysia (MAA) telah menyemak semula unjuran jualan kenderaan bermotor baharu bagi 2024 kepada 765,000 unit daripada anggaran sebelumnya sebanyak 740,000 unit.
RUU 355: Pindaan perlu untuk praktikaliti, keadilan
Apa sahaja pindaan terhadap akta itu perlu berjalan selari dengan persediaan mereka yang bertanggungjawab melaksanakannya.
Rasionalisasi RON95 dijangka beri impak lebih besar kepada PKS - SAMENTA
SAMENTA menjangkakan rasionalisasi RON95 akan memberi impak yang lebih besar kepada perusahaan kecil dan sederhana (PKS) berbanding pelarasan subsidi diesel.
Malaysia sasar pengeluaran 40 peratus sektor akuakultur menjelang 2030
Malaysia menyasarkan pengeluaran 40 peratus hasil sektor akuakultur menjelang 2030 dalam usaha membantu mengimbangi keperluan perikanan negara.
10 Berita Pilihan - (16 Julai 2024
Antara pelbagai berita dalam dan luar negara yang disiarkan di Astro AWANI, berikut adalah yang paling menjadi tumpuan sepanjang hari ini.
PAC beri tempoh tiga bulan kepada HRD Corp
Jawatankuasa Kira-kira Wang Negara (PAC) memberi tempoh tiga bulan kepada Perbadanan Pembangunan Sumber Manusia (HRD Corp) untuk mengemukakan laporan tindakan susulan terhadap syor jawatankuasa itu.
Kylian Mbappe tandatangan kontrak dengan Real Madrid
Bintang bola sepak Perancis Kylian Mbappe menandatangani kontrak selama lima tahun dengan kelab Sepanyol Real Madrid pada Selasa.
Pelepasan ketujuh air sisa nuklear Fukushima ke laut selesai
Jepun telah menyelesaikan pusingan ketujuh pelepasan air sisa radioaktif yang dirawat dari loji kuasa nuklear Fukushima Daiichi ke Lautan Pasifik pada Selasa.
Empat termasuk kapten maut dalam pertempuran
Empat anggota tentera India termasuk kapten meninggal dunia akibat kecederaan selepas pertempuuran pada malam isnin di Hutan Desa.
Proses peralihan DWN 5G di Malaysia berjalan lancar - Gobind
Gobind berkata keutamaan sekarang adalah supaya proses itu dapat berlaku biarpun tiada sebarang keputusan muktamad dicapai setakat ini.
Perjanjian langganan saham dengan empat pengendali rangkaian mudah alih selesai - DNB
Di bawah terma SSA itu, empat MNO secara kolektif memperoleh kira-kira 65.1 peratus pegangan ekuiti dalam DNB.
Pencapaian penting SSA tercapai, telco ambil pegangan ekuiti - DNB
DNB berkata ini merupakan pencapaian penting mengenai SSA dengan empat pengendali rangkaian mudah alih di Malaysia.
Malaysia sedia laksana rangkaian 5G kedua - Fahmi
Syarikat telekomunikasi yang terlibat dalam pelaksanaan model dwirangkaian tersebut akan melengkapkan proses pegangan ekuiti dalam Digital Nasional Bhd (DNB) pada 21 Jun ini.
Kolaborasi DNB-Shopee promosi manfaat 5G, digitalisasi dalam sektor PMKS
Perusahaan runcit negara perlu berdaya saing dengan memanfaatkan kelebihan 5G dan digitalisasi.
5G dwi rangkaian: Syarikat telco bersedia ambil pegangan ekuiti DNB
Telco yang terlibat dalam pelaksanaan model 5G dwi rangkaian sudah bersedia untuk menandatangani pengambilan pegangan ekuiti dalam DNB.
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.