Smartcore Malaysia Plans to Invest in Digitalization of Industries in Aceh

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Smartcore Malaysia Plans to Invest in Digitalization of Industries in Aceh

Author: Admin Date published: 15 Agustus 2023

Banda Aceh - A Malaysian information technology company, Smartcore Digital Sdn Bhd, plans to invest in digitalization of industries in Aceh. This was stated by Smartcore's representatives during an investment cooperation exploration meeting with the Government of Aceh on Tuesday (15/8).  

The meeting, held at the Investment and One Stop Integrated Services Office (DPMPTSP) of Aceh, was attended by officials from various agencies in Aceh and representatives of information technology and oil and gas companies. Smartcore presented the company profile that focuses on information technology services for the oil and gas industry by implementing advanced technologies such as artificial intelligence, blockchain, digital twin, etc.

The Malaysian company plans to establish strategic cooperation with the Government of Aceh in technology transfer and development of digital applications tailored to the needs of various industrial sectors in Aceh such as oil and gas, coal, hydroelectric power plants, and agro-industry.

The Head of Investment Promotion at DPMPTSP Aceh welcomed the investment plan. He said that Aceh, as a special autonomous region with abundant natural resources, has great potential for developing the information technology sector to support economic growth.

In the discussion, Smartcore representatives mentioned that they would offer short-term cooperation in the form of data management technology transfer and local IT training. They are also willing to customize the digital applications developed to suit the needs of industrial sectors in Aceh.

The Head of DPMPTSP Aceh, Marthunis, ST, DEA expressed his support for Smartcore's investment plans. According to him, human resource development through training is very important to improve the competence of local IT personnel.

Marthunis hopes Smartcore will immediately realize investment plans and establish a company with local legal entity status in Aceh.

The meeting concluded with follow-up agreements in the form of Smartcore's field visits to potential investment locations and the signing of a Letter of Intent (LoI). The Government of Aceh hopes that investment cooperation in industrial digitalization with Smartcore can be realized soon for the sake of regional economic advancement.

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