Clear 5G policy framework could boost investor confidence, EuroCham says

A well-defined 5G policy framework has the potential to strengthen investor sentiment in Malaysia, the European Chamber of Commerce said, noting that the country's pragmatic stance on telecommunications development positions it favourably in the region. The chamber highlighted that Malaysia's measured approach to 5G rollout could attract foreign investment and support the country's digital transformation agenda. However, the chamber cautioned that realising these benefits requires complementary measures across multiple fronts. Infrastructure development must be underpinned by trusted and reliable systems that meet international standards, the chamber noted. Additionally, cybersecurity safeguards and clear data protection frameworks are essential to reassure investors of the security of their operations and consumer data. The chamber also stressed the importance of regulatory clarity and consistency, saying that businesses require certainty regarding policy direction and compliance requirements to make long-term investment decisions. A transparent and predictable regulatory environment, combined with robust infrastructure and security protocols, would position Malaysia as a competitive destination for 5G-related investment and innovation in the Southeast Asian market, the chamber concluded.