PUTRAJAYA, 31 MAY 2015 – The world agrees that Science, Technology and Innovation (STI) is the pertinent element to sustain economic development. In a move towards achieving the developed economy nation status, Malaysia and Spain are moving together, exploring for new business opportunities through strong industrial R&D partnership.
Malaysian Industry-Group for High Technology (MIGHT) and the Centre of Development of Technology Industry (CDTI) of Spain organised a business matching workshop between industries from both countries, aims to initiate industrial R&D collaboration between Malaysia and Spain in environmental technologies.
A Memorandum of Understanding (MoU) signing between MIGHT and CDTI in technology partnership was held prior to the business matching session witness by the HE Spain Ambassador. The partnership between MIGHT and CDTI gives emphasize on promotion and facilitation of joint technology cooperation projects between entities from Malaysia and Spain. Held at the Marriott Putrajaya Hotel, the session has gained good response from industries related to environmental sectors of both countries.
The President and Chief Executive of MIGHT, Datuk Dr Mohd Yusoff Sulaiman highlighted the importance of sustaining collaborative partnerships with trusted partners as an important strategy as it creates many possible win-win situations which eventually will increased trade efficiency and improve STI related business.
Datuk Nik Ahmad Faizul Abdul Mallek, the Managing Director of MIGHT Technology Nurturing (MTN) in his briefing during the sharing session shared the current landscape of Malaysia’s environmental sectors overview and its potential growth and business opportunities. Mr Lorenzo Chacon representing the Spain shared the landscape overview from Spain for benefit of the participants.
MIGHT through its subsidiary company; MIGHT Technology Nurturing provides opportunities for bridging technology to market and funding environmental related sectors through improved innovation capabilities derived from the joint industrial R&D with global industry leaders.