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Malaysia: 13 joint venture agreements signed at MCY-2021

A total of 13 joint venture agreements worth 107 million RM (25.44 million USD) were inked at the Malaysian Commercialisation Year Summit (MCY Summit) 2021 recently, the Malaysian Science, Technology and Innovation Ministry (MOSTI) reported on March 15.
Malaysia: 13 joint venture agreements signed at MCY-2021 ảnh 1At the MCY Summit (Photo: https://doulitsa.com/)

Kuala Lumpur (VNA) - A total of 13 joint venture agreements worth107 million RM (25.44 million USD) were inked at the MalaysianCommercialisation Year Summit (MCY Summit) 2021 recently, the Malaysian Science,Technology and Innovation Ministry (MOSTI) reported on March 15.

According to the ministry, the collaborations involved products,technology and services in biotechnology and agriculture; medical science andhealthcare; industrial technology and engineering; information technology andcommunications (ICT); and robotics.

The agreements also involved six Memoranda of Agreement (MoA)and seven Memoranda of Understanding (MoU) from 22 government and privateorganisations.

MOSTI said since the MCYSummit was launched in 2016, it has successfully assisted in thecommercialisation of 434 products, technologies and services to the local andinternational markets with a sales value of over 476 million RM.

The two-day MCY Summit 2021, that began on March 10, showcases the achievementsof local researchers and technology entrepreneurs and promotes initiatives byMOSTI./.

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