Finance Ministry: Need strategic approach to market Malaysia’s R&D results

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KUALA LUMPUR, Sept 11 — The Ministry of Finance (MoF), the Ministry of Science, Technology and Innovation as well as stakeholders have identified the importance of marketing...

KUALA LUMPUR, Sept 11 — The Ministry of Finance , the Ministry of Science, Technology and Innovation as well as stakeholders have identified the importance of marketing local research and development results through a more strategic and systematic approach.

“Among the country’s new growth areas that have been identified is the 10-10 Science, Technology, Innovation and Economy Framework which has great potential to be developed through R&D with the aim of accelerating the recovery and growth of the country’s economy,” said the ministry. Recently, the MoF published its fifth public consultation paper in drafting Budget 2023, entitled “Policy on the Use of Local Research and Development Products, Services and Technology in Government Procurement”.

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