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MRANTI inks deal with Beijing Zhongguancun Science City to explore strategic collaboration areas

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Publish date: Fri, 26 Apr 2024, 11:36 AM

KUALA LUMPUR (April 26): The Malaysian Research Accelerator for Technology and Innovation (MRANTI) has signed a memorandum of understanding (MOU) with Beijing Zhongguancun Science City Innovation Development Co Ltd to collaborate on several strategic initiatives aimed at fostering significant advancements in technology and innovation.

In a statement on Thursday, Science, Technology, and Innovation Minister Chang Lih Kang said the collaboration underscores the deepening partnership between Malaysia and China, especially in the crucial fields of science, technology, and innovation.

"We are eager to expand our cooperation across various sectors, including interconnectivity, the digital economy, the green economy, modern agriculture, and biomedicine.

“These efforts reflect our mutual interests and the dynamic capabilities of our nations to drive substantial progress together,” he said.

Meanwhile, MRANTI chief executive officer Datuk Wira Dr Rais Hussin Mohamed Ariff said that through this partnership, the agency is poised to elevate Malaysia's technological capabilities on the international stage.

He stressed that this cooperation is essential in creating a common platform for Malaysia and China to access capital, market, talents and innovation.

“For Malaysia, the ability to access the massive market in China, tap into funding/capital through the 80 unicorns in ZGC (Zhongguancun), not forgetting the highly robust talents and innovation that can engender massive impact and outcome to the nation and society.

“A new deal that will shape the future of technology and innovation landscape in Malaysia, exciting times ahead indeed,” he said.

 

https://www.theedgemarkets.com/node/709460

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