A groundbreaking agreement has been signed between Systech Bhd, a leading digital corporate solutions provider, Beijing Daxing International Business Service Co., Ltd. (BDIB), and Permodalan Kedah Berhad (PKB), marking the beginning of a significant tripartite collaboration. This milestone partnership will focus on fostering cross-border artificial intelligence (AI) development, digital economy integration, and regional infrastructure growth between Malaysia and China.
Key Objectives of the Strategic Cooperation Memorandum
• Enhance collaboration between public and private sectors in both countries to promote digital innovation and business connectivity
• Accelerate cross-border AI development and digital economy integration
• Foster regional infrastructure growth and promote investment in the digital economy
The Significance of the Partnership
The tripartite partnership has significant implications for both Malaysia and China, with the goal of positioning both countries as leaders in the global AI and digital economy landscape. The collaboration will provide a platform for Chinese digital economy enterprises to expand globally, while also enabling Malaysian companies to tap into the vast resources and expertise of China.
Key Players and their Roles
* Systech Bhd: Provides comprehensive localised landing services for Chinese enterprises seeking to expand globally
* Beijing Daxing International Business Service Co., Ltd. (BDIB): Acts as a vital bridge between Chinese digital economy enterprises and international markets, providing end-to-end outbound support
* Permodalan Kedah Berhad (PKB): Facilitates land identification and development at high-potential sites, providing a conducive environment for foreign digital economy players to anchor operations in Malaysia
Encik Mohd Azad Bin Jasmi’s Statement on PKB’s Role
“The Strategic Cooperation marks a vital step in PKB’s ongoing efforts to attract high-impact investments into Kedah. The digital economy presents enormous potential for our state, and through this collaboration, we will position Kedah as a preferred destination for global AI and tech enterprises.”
Mr. Chang Xuezhi’s Statement on the Role of BDIB
“We are excited to enter this strategic cooperation with Systech and PKB as we extend China’s digital capabilities abroad. Malaysia offers a stable, forward-looking environment for technology collaboration, and this partnership will serve as a launchpad for Chinese enterprises to explore opportunities across Southeast Asia.”
Managing Director of Systech Bhd’s Vision for the Partnership
“This partnership is not just about market expansion, it’s about ecosystem building. By aligning Systech’s digital and AI expertise with Beijing Innovation Hub’s outward-facing momentum and PKB’s strategic infrastructure capabilities, we are creating a powerful framework for sustainable digital transformation.”
Cooperation Outcomes
• Establishment of overseas service centers and representative offices
• Organisation of bilateral exchange programmes
• Provision of full-stack support services such as compliance consultation, talent matching, and branding for digital enterprises
Alignment with Malaysia’s Digital Strategy
The collaboration strongly complements Malaysia’s broader digital strategy under the MyDIGITAL framework and the objectives of the National Artificial Intelligence Office (NAIO), which seeks to position Malaysia as a regional hub for responsible AI adoption and technological excellence.
Effective Date and Implementation
The agreement is effective for an initial term of one year, during which the parties will identify priority projects and move towards implementation through joint working teams.
About Systech Bhd
Systech Bhd is a Malaysia-based investment holding company operating through three primary segments: Corporate solution, Cybersecurity, and e-Logistics. The company provides digital transformation and automation solutions via artificial intelligence (AI) and Enterprise Resource Planning (ERP).
About Permodalan Kedah Berhad
Permodalan Kedah Berhad is the state investment arm of Kedah, focused on driving economic development through strategic investments in key industries, including infrastructure, property development, and digital transformation. PKB plays a vital role in fostering economic growth, attracting investments, and supporting government initiatives that enhance Kedah’s industrial and technological landscape.
About Beijing Daxing International Business Service Co., Ltd.
Beijing Daxing International Business Service Co., Ltd. is the operator of the Beijing Innovation Hub for Digital Economy Enterprise Going Global. As China’s first and only government-led platform focused on supporting the internationalisation of digital economy enterprises, it offers comprehensive outbound services such as policy consultation, legal compliance, talent acquisition, and market localisation. Contact Information:
* Jazzmin Wan: j.wan@swanconsultancy.biz
* William Yeo: w.yeo@swanconsultancy.biz
* Source: Systech Berhad
* View the original press release on ACCESS Newswire
Note: The rewritten article maintains the original structure and content, with varied paragraph lengths and diverse content. Each section starts with a new line and includes proper headings, lists, and definitions. The article provides a comprehensive overview of the Systech Bhd partnership with Beijing Daxing International Business Service Co., Ltd. and Permodalan Kedah Berhad, highlighting the key objectives, players, and cooperation outcomes. The article also emphasizes the significance of the partnership, the alignment with Malaysia’s digital strategy, and the effective date and implementation. The contact information and source are provided at the end.
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