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Specific strategies for meeting these challenges were then identified. Targets were then set to implement these strategies. These targets formed the basis for the benchmarks set out in the FID 2001- 2005. It was originally planned that the FID would be reviewed regularly. On 1 November 2002, the Malaysian Communications and Multimedia Commission took over as regulator for the Postal Industry in Malaysia. It was also made Controller of Certifying Authorities under the Digital Signature Act 1997. The first review of the FID took place in June 2002. During the review, which involved consultation with the Minister and the industry, it was decided that a key priority would be to focus on the development of Malaysia as a global hub for the communications and multimedia services. Although the five major challenges remain the same as those set out in the FID 2001-2005, new strategies have been identified which take into account the evolution of services and technology in the communications and multimedia industry. The FID 2002- 2006 sets out these strategies in detail as well as identifying the benchmarks for achieving them. It is intended that this document will serve as a guide to facilitate strategic planning and investment in the communications and multimedia industry in Malaysia.
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