Sunday, September 11, 2022 19:12 MYT
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 the results of local research and development (R&D) through a more strategic and systematic approach.
According to Laporan Kewangan Rakyat released today, the Ministry of Finance said that all technological discoveries and solutions that have been produced in the R&D stage should be commercialized and matched with the real needs of users.
“Among the country’s new growth areas that have been identified is the 10-10 Science, Technology, Innovation and Economy (10-10 MySTIE) Framework, which has great potential to be developed through Research and Development with the aim of to accelerate the recovery and growth of the country’s economy”, said the ministry.
He also said the government highlighted Industry4WRD, the shared prosperity vision 2030, the 12th Malaysia Plan and the National Investment Aspiration.
Recently, the Ministry of Finance published the fifth public consultation paper on the drafting of the 2023 Budget, entitled “Policy for the use of local research and development products, services and technology, in government procurement”.
The MoF said that the purpose of publishing the consultation document is to listen to the suggestions and views of industry actors and the public.
Malaysians are invited to submit comments on or before 15 September 2022, via https://forms.gle/TpfMyJNC3qKbq7ww6.
For more information, visit https://budget.mof.gov.my/bajet2023/kertaskonsultasi/. – Bernama
