Malaysia Smart City Framework 18 Policies Smart Economy Policy 3: Policy 12: Quality of human capital shall be enhanced to meet future demands of industry and overall environment in smart city Development of digital economy in Malaysia shall be intensified to complement smart city initiatives Smart Economy Strategies Strategy 1 : Promote digitalisation in enterprise operations to accelerate productivity Strategy 2 : Create the right support for high value- added industries Strategy 3 : Provide incentives to encourage innovation Initiatives Indicator 1. Intensify technology application and digitalisation in core business functions 2. Enhance the usage of e-payment 1. Attract investment in high value-add industries 2. Create workforce to match jobs in high value-added industries 1. Provide technology labs and collaborative platforms 2. Establish incubators and accelerators 3. Leverage on existing government assistance and funding 1. 2. 3. 4. Percentage of establishments with internet that apply it for specified purposes by sector Number of employment in ICT sector Gross expenditure on Research and Development (GERD) to GDP Number of companies benefitted from collaboration through intermediaries