/C O R R E C T I O N -- Malaysian Communications and Multimedia Commission (MCMC)/

In the news release,Malaysia is at the forefront for 5G roll-out in Southeast Asia,issued Jan 23 2020 by Malaysian Communications and Multimedia Commission (MCMC) over PR Newswire,we are advised by the company that the release contained an error in the quantum value mentioned in the first paragraph which should be corrected to "USD 3.12 billion (RM 12.7 billion)" from "USD 3.12 million (RM 12.7 million). The complete,corrected release follows:

Malaysia is at the forefront for 5G roll-out in Southeast Asia

Malaysia has 72 5G Use Cases involving nine (9) Industry Verticals at 56 live sites. Known as the Langkawi Trials,35 of the Use Cases are based in Langkawi; the first 5G Island in the world.

The first 5G International Conference was held in Langkawi,Malaysia with world renowned speakers and industry leaders discuss the development and prospects of 5G implementation in Malaysia and around the world.

LANGKAWI,Malaysia,Jan. 23,2020 -- Malaysia is set to add USD 3.12 billion (RM 12.7 billion) to its GDP by 2025 with the implementation of 5G and creating over 39,000 jobs. Led by the Malaysian Communications and Multimedia Commission (MCMC),Malaysia demonstrated 72 use cases involving 9 industry verticals at 56 live sites with a total investment of USD 35.16 million (RM 143 million) from the industry players.

The Commission also hosted the first 5G Malaysia International Conference featuring world renowned speakers and industry leaders such as Tareq Amin of Rakuten Mobile,Sameer Sharma of ITU,Julian Gorman of Global System for Mobile Communication Association (GSMA) and Takehiro Nakamura from NTT Docomo. The conference delved into 5G potential as a catalyst for Sustainable Development goals,digital inclusivity,the global roadmap for the technology and beyond.

In his opening remarks,the Minister of Communications and Multimedia,YB Gobind Singh Deo said 5G will allow Malaysia to produce and manufacture more high-quality goods and services while further benefiting the people with better products and services. "Recognising its potential,the government of Malaysia through the MCMC is leading the way by proactively taking the necessary steps to develop this new and emerging ecosystem," the Minister added.

Some of the impacts expected from Malaysia's 5G technology use cases:

Malaysia's food import bills have increased from USD 2.58 billion (RM 10.5 billion) in 1998 to USD 14.75 billion (RM 60 billion) today. With 5G-enabled precision farming,the agriculture industry stands to reap the amount currently lost to imports. Malaysia's Smart Agriculture Use Case features an AI-driven automation platform that allows predictive growth modelling. Remote global monitoring and control,thus,making farming possible anywhere.

Under the Shared Prosperity Vision 2030 (SPV 2030),the Malaysian Government aims to increase technology adoption in the manufacturing sector to 50% by 2030 (2018: 37%). To equip Malaysians for IR 4.0,5G provides quality education by connecting students in rural areas through the eKelas Enhanced Education Use Case. It demonstrates learning and teaching are both transformed by augmented reality,with students quickly learning and interacting beyond the confines of the classroom.

Cities consume three-quarters of the world's energy each year and are responsible for around 50% of greenhouse-gas emissions. By 2050,Malaysia's urbanisation rate is projected rate between 85% and 90%. With 5G technology,the Malaysian Smart City Use Case is an Integrated Command Centre equipped with advanced security features for real-time surveillance large scale monitoring by local authorities and backed up by analytics,Artificial Intelligence (AI),Internet-of -Things (IoT) and data-driven insights. These enable cities to draw on information for better decisions toward economic growth,drive efficiency,grow sustainability and offer better quality of life to its residents.