SALUTATION
1. Yang Berhormat Tuan Ng Sze Han Selangor
EXCO for Investment, Trade & Mobility
2. Yang Berbahagia Dato' Hasan Azhari Haji Idris
Chief Executive Officer, Invest Selangor
3. Yang Berusaha Yong Kai Ping
Chief Executive Officer, Selangor Information Technology & Digital Economy Corporation (SIDEC)
4. Mr Boon Kim San
Head of Digital Business & Marketing (Group Enterprise Banking), Affin Bank Berhad
Distinguished Partners, Investors & Innovators,
Members of the Media,
Ladies and Gentlemen.
Salam Perpaduan and Salam Malaysia MADANI.
1. Thank you for having me here today at the launch of the Selangor Twin Accelerator Programme 2025 — an important step forward as we continue to build a stronger, smarter digital economy.
2. The journey to becoming a leading digital nation begins with our people — our founders, our SMEs, our ecosystem builders.
3. This programme, combining Deep Tech Accelerator (Deep-X) and Retail Tech Accelerator (Retail-X), reflects what we in the government have long believed — that innovation must be inclusive, and that it must be backed by real support, real access, and real opportunities to grow. That’s exactly what SIDEC is delivering today.
4. I am told that Retail-X targets retail small and medium-sized enterprises (SMEs) looking to modernize their operations through technologies such as livestream selling, automation, and data analytics. Deep-X meanwhile focuses on developing deep tech-based startups in areas like Artificial Intelligence (AI), advanced engineering, and data science.
5. Retail-X is a direct response to the needs of our SMEs — businesses that form the backbone of our economy.
6. Digitalisation is no longer optional. It's essential. And with partners like TikTok Shop, Plug & Play APAC, Xendit, Shopline, AEON, 3 Cradle, and DHL on board, we’re not just helping SMEs get online — we’re helping them scale, compete, and thrive in the digital marketplace.
7. On the other side, Deep-X is all about the future — AI, smart mobility, biotech and sustainability. These aren’t just global buzzwords. They are the technologies Malaysia must master to build the industries of tomorrow.
8. What’s encouraging is that we’re not just talking — we’re training talent, funding innovation, and opening doors to global platforms like Plug and Play in Silicon Valley
9. This is what an accelerator should do — and this is why today matters.
10. I want to take a moment to recognise the State of Selangor — for consistently pushing the bar. From the Malaysia Semiconductor IC Design Park to initiatives like Advanced Semiconductor Academy of Malaysia (ASEM), Selangor is not waiting for the future. It’s building it — and bringing everyone along.
11. At the Ministry of Digital, our job is to enable, amplify, and support.
12. We are working to streamline policies, remove bottlenecks, and make sure that Malaysia’s innovation ecosystem has what it needs to succeed — from capital and talent to data infrastructure and global access.
13. We are also reviewing new incentives and frameworks to support AI-driven entrepreneurship, foster open innovation, and accelerate technology adoption across all sectors.
14. To all the founders here today: your journey matters. Every pitch, every prototype, every breakthrough — they shape the Malaysia we’re building.
15. And to all our strategic partners and sponsors: thank you for backing our startups. Your support fuels the next wave of high-impact companies.
16. Congratulations to SIDEC on launching the Selangor Twin Accelerator Programme 2025.
17. I look forward to seeing how the next generation of Malaysian startups — whether from retail or deep tech — rise to meet the moment, and lead the way forward.
Thank you.
#END#
