Technology Park Malaysia reform to strengthen innovation supply

KUALA LUMPUR (Sept 7): Technology Park Malaysia (TPM)  will be reform to offer services in five areas before the end of the year, as it seeks to strengthen the supply of aimed at accelerating the economic recovery of the country.

Amongst others, TPM would offer improved integrated infrastructure services, a sandbox site, experimental lab and a commercialisation centre, as well as programmes to build a stronger pipeline of innovation, it said in a statement today.

TPM said it would also be providing updates on designated development zones for emerging technologies including drones, robotics, artificial intelligence, med-tech and more — for applications in agriculture, smart manufacturing, smart cities and health to capture rising market demand in these sectors.

Chief executive officer Dzuleira Abu Bakar said there is a need to push for innovation beyond the confines of the laboratory or academia into the market, where innovative technology matches its specific use and eventually for profitability.

“We believe that TPM is at an opportune intersection between science, technology, innovation and parks to drive the commercialisation agenda — which is the cornerstone in our security of innovation supply strategy.

“TPM will prioritise companies that operate within the 10 key socio-economic sectors and 10 global leading science and technology drivers as outlined in the Ministry of Science, Technology and Innovation’s  (MOSTI) National Science and Technology Innovation Policy.

“We believe these integrated infrastructure services and programmes will enable more technology and innovation companies to have a stronger transition to success,” she added.

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