The theme into the light depicts the aspiration of the company to move past the difficulties of the pandemic years as the nation embraces optimism and dynamism in its technological and economic push. The light rays moving in one direction depict the continued importance of collaboration as a model for innovation and nation building. The COVID-19 pandemic has thrust to the fore the long held notion that no nation can go it alone in facing the scope and scale of the challenges ahead. The light forms a curve rearming the company's commitment to the many facets of sustainable development and the growing role of the circular economy. It also forms a continuum representing resilience and the will always go further. MIGHT together with its members and partners are always on the lookout for new, inclusive and sustainable technologies. Inclusive growth must go beyond building economic growth, but also also improve reparation and sustenance of environmental, social and governance (SEG) standards.
MIGHT IS FORMED TO PROSPECT FOR BUSINESS OPPORTUNITIES FOR MALAYSIA THROUGH STRATEGIC EXPLOITATION OF TECHNOLOGY
MALAYSIAN INDUSTRY-GOVERNMENT GROUP FOR HIGH TECHNOLOGY (199401034376/320059P) MIGHT PARTNERSHIP HUB, JALAN IMPACT, 63000 CYBERJAYA, SELANGOR DARUL EHSAN
TABLE OF CONTENTS
06 07
Corporate Information The Organisation Corporate Structure Membership
15 21
24 30 38 40
VentureTECH MARIC
Building a Nation Event Highlights
The theme into the light depicts the aspiration of the company to move past the di culties of the pandemic years as the nation embraces optimism and dynamism in its technological and economic push. The light rays moving in one direction depict the continued importance of collaboration as a model for innovation and nation building. The COVID-19 pandemic has thrust to the fore the long held notion that no nation can go it alone in facing the scope and scale of the challenges ahead. The light forms a curve rea rming the company's commitment to the many facets of sustainable development and the growing role of the circular economy. It also forms a continuum representing resilience and the will always go further. MIGHT together with its members and partners are always on the lookout for new, inclusive and sustainable technologies. Inclusive growth must go beyond building economic growth, but also also improve reparation and sustenance of environmental, social and governance (SEG) standards.
About us
5
Corporate Information No. 15B, Tingkat 2, Jalan Tengku Ampuan Zabedah F9/F Seksyen 9, 40100 Shah Alam, Selangor Registered O ce Place of Business MIGHT Partnership Hub, Jalan IMPACT, 63000 Cyberjaya Selangor Darul Ehsan
Auditor BDO Level 8, BDO @Menara CenTaRa, 360 Jalan Tuanku Abdul Rahman, 50100 Kuala Lumpur Company Secretary Zainal Abidin Pit MAICSA 7014057 201908003249 SSM Practising Certificate No:
Principal Banker CIMB Bank Berhad Putrajaya Branch, 2M11-A Kompleks Kementerian Kewangan No 5, Persiaran Perdana, Presint 2, 62592 Putrajaya
The Organisation
MIGHT emphasises market intelligence initiatives using foresight practices and methodologies to identify technology and business opportunities. The Malaysian Industry-Government Group for High Technology (MIGHT) serves as a think-tank and provides strategic advisory in the prospecting for and promotion of industry development through strategic application of science and technology for Malaysia’s socioeconomic development. Its key role is building and driving partnerships in technology through a consensus building platform between the private and public sectors and providing strategic advice and alliances to shape high technology studies, capacity building through policy interventions as well as flagship programmes and strategies for the country. MIGHT emphasises market intelligence initiatives using foresight practices and methodologies to identify technology and business opportunities. It is governed by a Board of Directors, helmed through the Joint-Chairmenship of prominent private sector personalities and senior government o cials. An organisation built on the strength of partnership with more than 100 members and partners both local and international from industry, government and academia, MIGHT also facilitates and empowers members’ and partners’ success through nurturing, expanding and building high technology capacity of the Malaysian high technology ecosystem by creating opportunities and building competencies. This partnership is driven by localising R&D solutions for growth as well as building the talents for tomorrow.
About us
8
Corporate Overview
Our Vision To Serve the Nation in Advancing Competency in High Technology Through Partnership Towards Sustainable Development.
Objectives Partnering To Deliver Impact
Nurturing Techno-Business Innovation Setting Common Direction for High Technology Industry Development Securing Financial Foundation for Growth & Sustainability Developing Capability and Competency for High Technology Industry
Enhancing Future Talent
Foresight & Futures Thinking
Global Strategies & Outreach
Technology Priorities & Enhancement
Technopreneurship Excellence
Sustainable Development for Smart Cities, Renewable Energy & Industry 4.0
Programmes and activities include building strategic partnerships and alliances, technology acquisition and nurturing capacity building as well as strengthening the growth of these sectors through policy interventions an d fl agship programmes.
MIGHT F.I.R.S.T MATRIX TM
Developed as a policy response tool - to create strategies and action plans. The MIGHT F.I.R.S.T MatrixTM used to assist the horizon scanning activities as well as analysis exercise. The matrix is made of five perspectives which are: Funding & Finance, Infrastructure, Regulations & Policies, Skills & Talents, and Technology. The matrix enables discussion on how each perspective interact with others. It helps the thought process by documenting discussions and deliberations systematically, in cell blocks, and each perspective will be studied against the four others. During the deliberations, questions to ask include on availability, changes (to value add, to discontinue, or to create new) and possible solutions. The findings, could be in the form of lists, or a simple checked table.
MIGHT 's Governance
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Patron YAB DATO’ SRI ISMAIL SABRI YAAKOB Prime Minister of Malaysia
E cient and e ective utilisation of technologies could drive the nation’s economic growth by leveraging on public-private partnership projects, which would in turn reduce the government’s expenditure, improve delivery of public facilities and services, as well as encourage innovation and economies of scale.
MIGHT'S Governance
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YB DATO’ SRI DR. ADHAM BABA Minister of Science, Technology & Innovation Minister-in-Charge
Digital transformation requires stronger coordinated actions from multiple stakeholders, including the private sector to realise the full potential of digital transformations. We need to focus on e orts to mainstream Science, Technology and Innovation (STI) as the main driver of economic
MIGHT'S Governance
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YBHG. TAN SRI MOHD ZUKI ALI Chief Secretary to the Government of Malaysia Honorary Advisor
Technology can be the enabling factor that makes engaging with various levels and locations a possibility in a short span of time. The advantage of having infrastructure well connected all around the country is that it can be used at an optimum level. The SWIFT principle (Speed, World-Class Knowledge, Inspiration, Flexible and Technology-Based) will serve as the foundation in establishing the “way of being” for a world competitive public service.
MIGHT'S Governance
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Joint Chairman (Government) Professor Emeritus Tan Sri Dr. Zakri Abdul Hamid “Humanity's greatest challenges including pandemics, climate change, biodiversity loss and plastic pollution are all inter-related and can be e ectively mitigated only through greater and long-term integration of science advice in the decision-making process. Clearly trust in science by the public and policy makers is fundamental to the transforma- tive changes scientists prescribe, and to shifting the all-too-frequent "react-and-cure" decision-making approach to one of "anticipate and prevent".
Joint Chairman (Industry) Tan Sri Datuk Dr. Ir. Ahmad Tajuddin Ali, FASc
“Collaboration across industries to harmonise technology is pertinent to ensure that economies of scale for digital infrastructure are maximised, along with the establishment of policies and standards to promote this cross-industry collaboration nationally, regionally and globally”.
Datuk Dr. Mohd Yuso Sulaiman
President & Chief Executive Officer “Public-private partnership and collaboration is fundamental in promoting the growth of high technology with emphasis on developing indigenous technologies and innovation. The integration of resources and expertise in developing current and future strategic industries will accelerate and promote sustainable development best practices through science, technology, and industry. Hence, more high impact programmes that involves R&D, commercialisation as well as human capital development are created”.
The Structure
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Organisational Structure
PATRON
JOINT CHAIRS
GOVERNMENT PROFESSOR EMERITUS TAN SRI DR. ZAKRI ABDUL HAMID
INDUSTRY TAN SRI DATUK DR. IR. AHMAD TAJUDDIN ALI, FASc
BOARD OF DIRECTORS
PRESIDENT & CEO
DATUK DR. MOHD YUSOFF SULAIMAN
BOARD AUDIT & RISK MANAGEMENT COMMITTEE
BOARD NOMINATION, REMUNERATION & INTEGRITY COMMITTEE
INTERNAL AUDITOR
INTEGRITY & GOVERNANCE UNIT
CORPORATE AFFAIRS & STRATEGY DIVISION (CASD)
PRESIDENT & CEO’S OFFICE
INDUSTRY DEVELOPMENT DIVISION (IDD)
myForesight SUSTAINABLE DEVELOPMENT TECHNOLOGIES DIVISION (SDT)
IDA SEMURNI ABDULLAH ALI
MOHD ZAKWAN MOHD ZABIDI
RUSHDI ABDUL RAHIM
DR. RASLAN AHMAD
ABD HALIM MOHD BISRI
The Board of Directors
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Datuk Khalilur Rahman Ebrahim System Consultancy Services Sdn Bhd
En. Mazuin Ismail Petroliam Nasional Berhad (PETRONAS)
Datuk Ir. Baharin Din Tenaga Nasional Berhad (TNB)
Datuk Matthew Tee Binapuri Holdings Berhad
Dato’ P’ng Soo Hong First Solar Malaysia Sdn Bhd
Dato’ Sri Norazman Ayob Ministry of International Trade & Industry (MITI)
Datuk Khairil Adri DreamEDGE Sdn Bhd
Datuk Zainal Abidin Abu Hassan Ministry of Science,Technology and Innovation (MOSTI)
Tan Sri Dato’ Seri Dr. Je rey Cheah Sunway Berhad
Dr. Bicky Bhangu Rolls-Royce
Datuk Ir. Dr. Siti Hamisah Tapsir UCSI University
Datuk Ir. (Dr.) Abdul Rahim Hashim PETRONAS Chemicals Group Berhad
Datuk Dr. Mohd Yuso Sulaiman Malaysian Industry- Government Group for High Technology (MIGHT)
Dato’ Rozabil Abdul Rahman Destini Berhad
Dato’ Prof Husaini Omar Ministry of Higher Education (MOHE)
Alternate Directors: Ms Marina Md Taib | Alternate Director for PETRONAS Dato’ Wira Roslan Abdul Rahman | Alternate Director for TNB
Dato’ Tan Kia Loke | Alternate Director for Sunway Berhad Dr Chan Chee Seg | Alternate for MOSTI
The Management
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Datuk Dr. Mohd Yuso Sulaiman PRESIDENT & CHIEF EXECUTIVE OFFICER
Rushdi Abdul Rahim SENIOR VICE PRESIDENT
SENIOR VICE PRESIDENT Abd Halim Mohd Bisri
Dr. Raslan Ahmad SENIOR VICE PRESIDENT
Mohd Zakwan Mohd Zabidi SENIOR VICE PRESIDENT
Robert Tai Chiang Vun SENIOR PRINCIPAL ANALYST I
Mohd Nasir Md Ibrahim SENIOR PRINCIPAL ANALYST I
Mohd Nurul Azammi Mohd Nudri SENIOR PRINCIPAL ANALYST I
Ida Semurni Abdullah Ali VICE PRESIDENT
Zulki ee Mohamad SENIOR PRINCIPAL ANALYST I
Mahalil Amin Abdul Malek VICE PRESIDENT
LE LEAD
Tan Sri Ahmad Tajuddin Ali’s almost 50-year career in Malaysia’s energy sector is both unparalleled and unprecedented. As MIGHT’s Joint-Chairman (Industry) he is a one-man embodiment of the triple-helix of government, industry and the academia. Both on the national and international fronts, Tan Sri Ahmad Tajuddin has delved into every major segment of the energy sector. This culminated in him being appointed Chairman and Chief Executive of Tenaga Nasional Berhad following stints at the Nuclear Energy Unit of the Prime Minister’s Department and the International Atomic Research Agency, as well as at Standard and Industrial Research Institute of Malaysia (SIRIM). Tan Sri Ahmad Tajuddin’s foray into the private sector has been equally illustrious. He is at present the Chairman of Malako and SIRIM Berhad following appointments as Chairman of UEM Group Berhad, UEM Sunrise Berhad, PLUS Expressways International Berhad, Linde Malaysia Holdings Berhad and Construction Industry Development Board (CIDB). A keen proponent of human development he is also the incumbent Pro-Chancellor of Universiti Tenaga Nasional (UNITEN) and Chairman of Universiti Teknikal Malaysia Melaka (UTeM) in addition to expanding commercial strength in universities through the Chairmanship of UPM Holdings Sdn. Bhd. and UPM Innovations Sdn Bhd. Tan Sri Dr Tajuddin is also a member of the Governing Council of the International Institute of Applied Systems Analysis (IIASA) in Laxenburg, Austria and also a member of APEC Business Advisory Council (ABAC).
TAN SRI DATUK DR. IR.
ALI, FASc
SEHRSIPHIP
ZAKRI PROFESSOR EMERITUS TAN SRI DR. ABDUL HAMID A firm believer in the role of sustainable development in poverty elimination and promoting human well-being, Tan Sri Zakri is Chairman of the Board of Directors, University of Malaya as well as ProChancellor of Universiti Pendidikan Sultan Idris (UPSI) and Multimedia University (MMU). MIGHT’s Joint-Chairman (Government) Professor Emeritus Tan Sri Dr Zakri Abdul Hamid is a man clearly ahead of his time. Tan Sri Zakri has consistently led e orts in the global assessment of biodiversity and its ecosystem services long before it was ‘ de-rigueur ’. His works hold as its core value an inclusive and integrated methodology and approach, a global perspective and a long-term vision. Tan Sri Zakri is a Founding Fellow of the International Science Council, the founding Chair of the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES) as well as a member of the Global Leadership Council of the Sustainable Development Solutions Network (SDSN). Closer to home he currently holds the Tun Hussein Onn Chair, at the Institute of Strategic and International Studies (ISIS). His contributions enjoy both domestic and international honours and recognitions. In January 2017, the US-based “Biofuel Digest” hailed him as one of the “Top 100 Influential Persons in the Advanced Bioeconomy 2017”. This joins the ranks of many other awards including the Fulbright-Hays Fellowship; ISSAAS Matsuda Award; Zayed International Prize for the Environment; the Academy of Science of South Africa Distinguished Visiting Scholar Award; the Midori Prize for Biodiversity Award; Global Competitiveness Award and the ASEAN Biodiversity Hero Award.
Since its establishment in 1993, MIGHT has successfully expanded its reach in areas related to Facilitation, Content Development and Strategic Advisory through partnerships and collaborations with our national and international members and networks. As a technology think tank, MIGHT need to remain resilient and competitive, hence its activities have been aligned to support the organisation’s mission and objectives. MIGHT Corporate Plan 2025 is an initiative to chart MIGHT’s growth and strategic direction from the present to end 2025 amidst new challenges and realities. An analysis was carried out to identify the challenges and way forward to bring MIGHT to a greater height. MIGHT identified 4 Strategic Thrusts , 13 Actions Plans and 41 Initiatives in its quest to achieve the goals. STRATEGIC DIRECTION SETTING THE STAGE FOR 2025
MIGHT Membership Creating opportunities and building competencies
MIGHT o ers a platform for collaboration between the public and private sectors in driving the nation’s high technology industry. By providing a network of local and global linkages for members to capitalise on through synergistic partnerships, MIGHT is Malaysia’s own unique organisation that undertakes strategic alliances and performs analyses on high technology industry and business opportunities. MIGHT members are from various fields, including key government ministries and agencies, public listed companies, small and medium enterprises (SMEs), universities, research institutions, non-governmental organisations (NGOs) and multinational corporations (MNCs). Membership to MIGHT is by invitation.
STRATEGIC BENEFITS OF MIGHT MEMBERSHIP
Contribution in providing input to formulate national strategic plans for high technology industry sectors.
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01
Global exposure to strategic technologies and businesses.
Opportunities for collaboration and partnership in technology and business.
Participate in business forums, consultations, seminars, dialogues and global missions.
04
03
Participate in collective technology e orts beyond the resources of individual organisations.
05
FOUR CATEGORIES OF MIGHT MEMBERSHIP
LEAD Members
Government organisations or government controlled organisations, corporatised organisations, research institutes and universities. PERMANENT Members
Organisations from the industry that are composed of companies registered in Malaysia and owned by Malaysian citizens. ORDINARY Members
Non-Malaysian controlled companies. ASSOCIATE Members
Selected Malaysian key industry players.
Lead Members
Permanent Members
ECONOMIC PLANNING UNIT
MALAYSIAN ADMINISTRATIVE MODERNISATION AND MANAGEMENT PLANNING UNIT
MINISTRY OF AGRICULTURE AND FOOD INDUSTRIES MALAYSIA
MINISTRY OF DEFENCE MALAYSIA
MINISTRY OF FINANCE MALAYSIA
MINISTRY OF HOME AFFAIRS MALAYSIA
MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY
MINISTRY OF SCIENCE, TECHNOLOGY & INNOVATION
Ordinary Members
Associate Members
TAKES IT REGIONAL
VentureTECH took its funding initiatives a notch higher with the strategic partnering with Japan's SBI Ventures Malaysia. The partnership elevates VentureTECH’S fund management and fundraising into the realm of a regional playing field. This is especially crucial in efforts to further scale up local industries through providing support and linkages, as well as establishing networks and expertise thus fuelling their business growth and expansion globally. The VentureTECH – SBI Ventures Malaysia partnership would also boost private equity investment from Japan with direct impact on transformation on the digitalisation of Malaysia's micro, small and medium enterprises. Additionally, the collaboration also supports technology players in the provision of higher value-added products and services and improvements in productivity and competitiveness through the use and application of Fourth Industrial Revolution (IR4.0) technologies and Internet of Things (IoT) in areas such as agro-based smart farming and digital healthcare. Since its inception in 2009, VentureTECH has invested in and committed to 23 technology industry leaders in the targeted bio-based, emerging, and green industries, with aggregate investee net worth surpassing RM1.2 billion.
VentureTECH
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VentureTECH is an investment company established by the Government of Malaysia in 2009 with the national mandate to encourage the participation of local Malaysian companies in high value-added and high technology industries, a key mainstay that will drive Malaysia into a sustainable high-growth economy. VentureTECH assumes a catalytic role to assist the transformation of the nation’s economic development trajectory by advancing the capabilities of local technology based companies in targeted growth areas of bio-based, green and emerging industries with an aim to provide new opportunities for growth to generate socio economic benefits for the country and the people. This is achieved by collaborating with key ministries, lead development agencies and financial institutions. VentureTECH’s mission is to increase the number of viable, competitive regional and global companies in strategic and high value-added industries, which will be driven by our investment strategies customised to address the existing critical funding gaps within the ecosystem.
Familiarisation Visit by Malaysian Investment Development Authority (MIDA) to TXMR Sdn Bhd
22 March 2021 | TXMR Sdn Bhd, Cheras
The MIDA team from Machinery and Metals Division visited TXMR’s automation plant in Cheras as part of an e ort to familiarise with Malaysian robotics & automa-tion players, followed by a discussion with Venture-TECH. TXMR’s Managing Director/Founder, YM Tengku Mohd Farid Tengku Hassim briefed on the company’s core business of automation and robotics solutions and the company’s business strategy on innovating robotic products and technologies to serve the local and global market. During the plant tour, TXMR showcased their Integrated Conveyor Automation System (ICAS), Integrated Robotic System (IRS) dan Cyber Physical Management System (CPMS).
The technology and solutions o ered by TXMR will be of great benefit to the country as the nation focuses on ramping up Industrial Revolution 4.0 and its continuous demand for digital transformation to remain competitive. The visit is part of VentureTECH’s continuous value creation initiative for its investees through successfully linking with the right stakeholders.
VentureTECH
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Inaugural Meeting with SBI Holdings Japan’s President & CEO, a Global Private Equity Partner to VentureTECH 1 September 2021 | via Online In the lead up to the formalisation of the Joint Venture between VentureTECH and Japan’s SBI Holdings’ unit SBI Ventures Malaysia, an introductory meeting was held between Managing Director of VentureTECH and the founder & shareholder of SBI Holding Inc. Japan and their respective members of senior management. SBI Holdings was joined by Head of Overseas Business Department Mr. Makoto Miyazaki, and Managing Director of SBI Ventures Malaysia, Mr. Yoshihiro Ishiwata. Present from VentureTECH were Chief Investment O cer, En. Ahmad Redzuan Sidek and other members of the Senior Management team.
Visit by President and Group Chief Executive of SIRIM Bhd to NDE Consultancy Sdn Bhd 2 October 2021 | Kemaman, Terengganu The President and Group Chief Executive of SIRIM Bhd, Dato’ Dr. Ahmad Sabirin Arshad paid a visit to a VentureTECH investee company, NDE Consultancy Sdn Bhd to explore potential collaboration with SIRIM’s subsidiary in e orts to further empower local industries and businesses. NDE Consultancy’s Managing Director, En. Saharudin Kambari spoke on the company’s strengths to SIRIM’s delegation including its technological capabilities in providing non-destructive testing and engineering inspection services.
The company also highlighted the establishment of Malaysia’s first lab testing services, subsequent to VentureTECH’s RM15 million investment. The establishment of the lab is aimed at reducing reliance on foreign test labs and subsequently level the playing field.
MIGHT’s President & CEO, Datuk Dr. Mohd Yuso Sulaiman, was also at hand to deliver the welcoming remarks. In addition to exchanging both organisations’ information, the brief meeting concluded on a positive note as both parties rea rmed commitment to ensure the success of the Joint- Venture between VentureTECH and SBI Ventures Malaysia on fund management and fund raising at national and regional levels.
VentureTECH
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Signing of Investment Joint Venture Agreement between
The establishment of the lab is aimed at reducing reliance on foreign test labs and subsequently level the playing game with those o ered by their foreign counterparts. Dato’ Dr. Ahmad Sabirin Arshad identified several opportunities for both SIRIM and NDE Consultancy to further explore. The visit is part of VentureTECH’s continuous value creation initiative which has successfully connected VentureTECH’s investee to the right stakeholders.
VentureTECH and SBI 2 November 2021 | Cyberjaya
VentureTECH announces the launch of a private equity co-investment fund of RM75 million for growth stage technology companies with its foreign partner, Japan’s SBI Ventures Malaysia. This follows the landmark signing of a Joint Venture (JV) Investment Agreement to provide an additional source of foreign funds into Malaysia from a global private equity firm. The JV Agreement was signed by VentureTECH’s Managing Director, Dr. Norida Abd. Rahman and Mr. Yoshihiro Ishiwata, Managing Director of SBI Ventures Malaysia Sdn Bhd, witnessed by the Minister in the Prime Minister’s Department (Economy), YB Dato’ Sri Mustapa Mohamed.
VentureTECH
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This fund is designed to play a strategic role in supporting Bumiputera companies in the high value-added and emerging industry market segments to scale up to their full potential. It also aims to attract additional investors to support the expansion of these companies during this economic recovery period. The strategic partnering with Japan’s SBI Ventures Malaysia, a reputable regional private equity player, is important in helping Malaysian industries build synergies and collaboration at the regional level, and in continuing to support their long-term growth as they strive to continue to scale up and compete in both the Malaysian and global markets. The initial fund targets to support technology industry leaders with their continued expansion in higher value-added production and services, and in improving productivity of the traditional industries through IR4.0 and IoT applications in areas such as agro-based smart farming and digital healthcare, which is in line with Malaysia’s MyDigital aspirations of increasing productivity by 30% across all sectors by 2030. Signing of Investment Agreement between VentureTECH and Gas Pantai Timur 16 December 2021 | Cyberjaya VentureTECH unveiled an initial RM2.5 million investment in Gas Pantai Timur Sdn Bhd (GPT), a wholly Bumiputera-owned company involved in the manufacturing and supply of medical and industrial gases throughout the country. This aims to help the company meet surging demand for oxygen gas cylinders at government hospitals as well as clinics, as the country continues its quest to overcome the COVID-19 pandemic. GPT is a major supplier of medical and industrial gases which include oxygen, acetylene and nitrogen all processed in gas plants located in Pengkalan Chepa Industrial Area, Kelantan and the newest in Gopeng Industrial Area in Perak.
The investment from VentureTECH will see GPT expanding its cylinder refilling station in Puchong for medical gases to serve hospitals in the central region, making it more accessible to serve the government hospitals and clinics. This marks VentureTECH’s sixth investment in the healthcare related market segments since its inception. With the addition of GPT, VentureTECH has invested and committed to invest in 24 technology industry leaders in the targeted biotechnology and biobased industries, and emerging and green industries, with aggregate investee net worth surpassing RM1.2 billion mark. The investment agreement was earlier signed by Dr. Norida Abd Rahman, Managing Director of VentureTECH and Puan Wan Hamimie Dato’ Wan Ari , Director of Gas Pantai Timur in VentureTECH’s o ce in Cyberjaya.
MARIC
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Malaysia Rail Industry Corporation or better known as MARIC, is an industry-led platform that promotes coordination and integration among Malaysian rail players. Established on 17 April 2017 to support and represent the voice of local rail industry players, MARIC acts as a focal point for local players in the strategic development of human capital, technology and supply chain. MARIC benefits from relevant government investments and supports government policies on national rail industry development.
A total of 36 local rail companies are gathered under MARIC, with focus on seven clusters of capabilities in system works, namely: signalling, track works, rolling stocks, telecommunication, power supply, automated fare collection and consultancy. The government’s localisation policy has significantly helped develop the local rail industry. The local players involvement in three major projects under The Greater Kuala Lumpur Plan 2010 has achieved international standards & recognition. These projects were awarded based on the capabilities of MARIC members together with the respective local and international rail partners.
Presentation on Rail Industry Development Programme (RIDP) with Ministry of International Trade and Industry (MITI) 19 January 2021 | Kuala Lumpur MARIC has actively propelled the Rail Industry Development Programme (RIDP) under the Strategic Industries and High-Performance SME Improvement Programme (Prestige). The programme is expected to increase the percentage of local content by at least 45% in several segments of the rail industry by 2030. RIDP identifies and enhances the capabilities of high-growth small and medium enterprises (SMEs) in the rail sector in line with the National Transport Policy 2019-2030 and the National Entrepreneurship Policy 2030. The programme is carried with full participation and support of MOT with input from industries. Companies selected for the programme would be involved in the manufacturing of internal components of railway carriages, fiberglass panels, doors and gangways, as well as railway carriage maintenance services, rail systems and brake systems.
MARIC
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2nd Symposium on Railway Infrastructure and Engineering: Transformation of Railway Connectivity with Universiti Tunku Abdul Rahman (UTAR) 3 February 2021 | Online Malaysia Rail Industry Corporation (MARIC) and the Faculty of Engineering & Science of University Tunku Abdul Rahman (UTAR), successfully organised the 2nd Symposium on Railway Infrastructure & Engineering, (2nd-RIE). The event was o ciated by YB Datuk Seri Ir. Dr. Wee Ka Siong, Minister of Transport and examined connectivity provided by rail transport and its significant impact on our social and economic lives. The symposium brought together practitioners from railway industry, owners, operators, researchers and the academia to share and promote research activities to support new initiatives in expanding the rail network in Malaysia and promoting railway connectivity within the ASEAN region. The one-day programme covered all aspects of rail including safety and standards, operation safety, reliability and maintainability, social, environmental and economic issues, education and training, transportation and optimisation of tra c control.
MARIC
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Examining Livelihood Issues at the “International Symposium on Rail and Livelihood’ with UiTM (ISORAIL 2021) 6 April 2021 | Online MARIC and UITM organised an International Symposium on Rail and Livelihood (ISORAIL 2021), o ciated by YB Dato’ Sri Haji Ismail bin Haji Abdul Mutalib, Deputy Minister, Ministry of Housing and local Government. The webinar focused on transit-oriented development (TOD) as a key catalyst for non-fare revenue in rail operations sustainability. The discussions also included achievements of and challenges facing the rail industry and how its impacts livelihood and societal well-being in Malaysia. MARIC as a rail industry-led platform also provided practical approaches to address last mile connectivity to achieve a seamless journey in public transportation and urbanisation.
MARIC
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Exploring Catalytic Development of the Rail Industry in Selangor 9 September 2021 | Online
Development of a comprehensive rail system and industry in Selangor is a key element in the development of Selangor’s economic ecosystem. MARIC strongly iterated its strong position as a valued-contributor to this e ort during a virtual meeting with the YAB Dato' Seri Haji Amirudin bin Shaari, Chief Minister of Selangor. Points of discussion include MARIC’s readiness to be an important strategic partner to the state’s railway aspirations. This include the creation of a Selangor Rail Council to spearhead rail development as a key component of Selangor's economic growth and success. Since most of the rail companies are already operating in Selangor, the state is well-positioned to be an integrated center of rail economic development. The development of the rail industry could take a leaf from the success story of the aerospace industry in the successful development and application of high-impact technology for the benefit of the country.
Webinar on 'The Future of Malaysia's Rail Industry: The Impact on Economic Growth' with Othman Yeop Abdullah Graduate School of Business (OYAGSB) Universiti Utara Malaysia (UUM) 24 October 2021 | Online
Honorary Secretary of Malaysia Rail Industry Corporation (MARIC), Hani Ghazali was featured in a discussion on the 'The Future of Malaysia's Rail Industry: The Impact on Economic Growth’ at the BizTalk programme by Othman Yeop Abdullah, Graduate School of Business (OYAGSB), Universiti Utara Malaysia (UUM). The talk focused on the global paradigm shift that may shape the development landscape of the future rail industry.
Improving the e ciency of transportation and logistics services contribute towards achieving sustainable economic development and improving societal well-being. E orts to provide an integrated, a ordable, reliable and smooth transportation system must be stepped up. While the industry may not at present possess the necessary capabilities in its entirety, the synergy in form of cooperation and collaboration between various parties including academia, government and the private sector needs to be intensified to enhance research and development (R&D) capabilities and organisational innovation. The continuity of international trade and logistics will run smoothly by strengthening integration to build future capacity, improve production networks and strengthen the production ecosystem.
As such, knowledge-intensive and highly skilled workers are crucial in increasing organisational productivity driven by advanced technologies such as the Internet of Things (IoT), robotics, 3D printing, big data analytics and artificial intelligence (AI).
MARIC
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Envisioning a Strong Rail Ecosystem with UMW Holdings Berhad 8 November 2021 | Serendah
MARIC with key rail industry players held discussions with UMW Holdings Berhad on the development of the Selangor Rail Council. Discussions focused on enhancing growth for the state of Selangor, as well as increasing the capacity and capability of the local rail industry with huge opportunities in enhancing the share of high-skill employment, transfer of technology (ToT), the transformation of technology (ToT2) and superior economic infrastructure. Additionally, the linking of federal and state railway development improves connectivity and enhances localisation; hence resulting in a snow-balling e ect with multiplier benefits throughout the state. The discussion also encompasses issues related to the e cient and sustainable management of resources, innovative production of new ideas and products, market expansion and increases in productivity.
Symposium on Rail Technology and Development (RAILTED 2021) 2 December 2021 | MIGHT, Cyberjaya
MARIC together with Universiti Tunku Abdul Rahman (UTAR) successfully organised a Symposium known as Rail Technology and Development (RAILTED 2021), an annual railway exhibition and conference event on 2 December 2021. The event was o ciated by YB Dato’ Henry Sum Agong, Deputy Minister, Ministry of Transport Malaysia. The programme highlighted the technologies currently at the forefront of the rail industry and local industry players. RAILTED 2021 strives to support industrial development and promote the competitiveness of an integrated, a ordable, reliable and smooth of public transport for the benefit of the nation.
Events Highlights
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2021 Events Highlights
ANUARY 2021 Professional Development & Engagement on Technology Transfer in Malaysia (Virtual)
ANUARY 2021 Scenario Building Workshop - Future of Youth 2035 with Institute for Youth Research Malaysia (IYRES) (Virtual)
ANUARY 2021 The Age-Friendly Cities 2021: Enabling A Supportive Environment Fully Virtual Conference Exhibition
3 FEBRUARY 2021 2 nd Symposium on Railway Infrastructure & Engineering “Transformation of Railway Connectivity” (Virtual)
17 MARCH 2021 International Advisory Board of Universal Foresight (Virtual)
How to accelerate the Implementation of Smart Cities in Malaysia : Knowledge Sharing & Training Session (Virtual)
7 APRIL 2021 Chiefs’ Circle Talk 1/2021
8 APRIL 2021 Launching of the KISAH Futures Anthology (Virtual)
Global Waste Management Conference 2021 (Virtual)
21 APRIL 2021 Integrity & Governance Awareness Talk by Tan Sri Abdul Wahid Omar
4 MAY 2021 GEF6: National Steering Committee Meeting No.1/2021 (Virtual)
Y 2021 National Defence & Security Industry Policy
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16 JUNE 2021 GFCC: ‘Frame the Future’ Launching Session (Virtual)
29 JUNE 2021 MIGHT’s 26 th Annual General Meeting (Virtual)
Global Net-Zero Action 2021 : Transitioning to a Net-Zero Economy (Virtual)
11 SEPTEMBER 2021 FameLab Malaysia National Final 2021 (Virtual)
7 SEPTEMBER 2021 MOU exchange ceremony between MIGHT & SIRIM (Virtual)
21 SEPTEMBER 2021 Cities 4.0 (Virtual)
1 OCTOBER 2021 1st Annual General Meeting of Malaysia Smart Cities Alliance Association (MSCA) (Hybrid)
4 OCTOBER 2021 18th Annual Meeting of STS Forum (Virtual)
Kuala Lumpur Engineering Science Fair (e-KLESF) 2021 (Virtual)
11 NOVEMBER 2021 MOU between MIGHT, The Chartered Institute Logistics and Transport (CILTM) and Dewan Perniagaan dan Perindustrian Melayu Perak (DPPMP)
25 NOVEMBER 2021 Leaders in Innovation Fellowship (LIF7), End of Programme (Graduation Ceremony)
12 DECEMBER 2021 Majlis Perasmian Pusat Data Hijau Edgibility 1 dan Majlis Penyampaian Green Computing Awards 2021
MIGHT was established with a mission to serve the nation in advancing competency in high technology towards sustainable development. Our mandate is to bridge the partnership with various stakeholders from both the public and private sectors in harnessing technologies for the creation of business activities in high technology. The fundamental of MIGHT’s mission is to attain the fifth objective of the Rukun Negara that is to build a progressive society that will make use of modern science and technology. This principle and objective have always been the guiding principle of MIGHT initiatives along with other economic policies introduced by the Government. The Shared Prosperity Vision is the continuation of the series of policies and models that represent the cornerstone of national development to date. MIGHT’s core activities interacts and aligns with the Shared Prosperity Vision strategic thrusts. Building a Nation
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MIGHT and The British High Commission held a virtual soft launch for the UK Smart Cities Mission o ciated by the British High Commissioner to Malaysia, His Excellency Charles Hay MVO, jointly with MIGHT’s President and CEO Datuk Dr. Mohd Yuso Sulaiman. This was the prelude to the UK Smart Cities Mission to Malaysia 2022, held virtually from 22-24 February 2022. The mission creates a platform for stakeholders to exchange expertise and explore collaboration scopes in smart cities development, aligning to the seven focus areas outlined in Malaysia Smart Cities Framework. The seven focus areas are Smart Economy, Smart Living, Smart Environment, Smart People, Smart Government, Smart Mobility, and Smart Digital Infrastructure. Various strategic partners, including Arup, British Malaysian Chamber of Commerce, British Standards Institution, Connected Places Catapult, Cyberview, Digital Penang, MYICSC, Malaysia Proptech Association, Malaysia Smart Cities Alliance, MIGHT, Mott MacDonald, Smart Selangor, Smart Selangor Delivery Unit, Tech Nation, TechUK, TMONE, Transport for West Midlands,UK-ASEAN Business Council and Urbanice Malaysia support the mission. As a local partner for the UK’s Smart City Mission to Malaysia, MIGHT draws upon its extensive international collaborative experience to provide a strategic platform for the public and private sectors to bring together resources and expertise in developing strategic industries and sustainable development best practices through science, technology, and innovation application. A high-level panel forum alongside the soft launch sparked conversation on urban planning, design standards, and technology adoption. Panellists included senior representatives from the British Standards Institution, Connected Places Catapult, Digital Penang, and PlanMalaysia. UK Smart Cities Mission Soft Launch with the British High Commissioner 7 December 2021 | Kuala Lumpur
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FameLab Malaysia & FameLab International 2021
st Virtual Heats (5 June 2021) 2nd Virtual Heats (19 June 2021) FameLab National Final -Virtual (11 September 2021) FameLab International - Virtual (25 November 2021) | Online
2021 marks the 7th year of the FameLab Malaysia competition. Daniel Nesan was crowned the FameLab Malaysia National Final 2021 Champion with his winning talk on “Are we running out of dirt?” Daniel is a plant scientist at BoomGrow, an indoor farming company that is reimagining a better future for farming. He is passionate about food security and sustainability, as well as the development of environmentally friendly agriculture practices. He came up tops against 11 other science communicators from across the country. This year’s competition in Malaysia attracted 67 applicants, with a total of 11 finalists selected from the Virtual Heats held in June 2021. The finalists were equipped with science communication skills through a two-day masterclass organised by the British Council, delivered by Dallas Campbell, a science television presenter and writer who has worked for the BBC and currently presents a series for NatGeo called Science of Stupid . Daniel also represented Malaysia at the FameLab International. Both the National and International championship was streamed live on YouTube due to COVID-19 restrictions. With over 40,000 participants, more than 200 partner organisations giving support to FameLab in more than 35 countries, and a global reach in the millions, FameLab International has been a hugely successful programme. FameLab was started by Cheltenham Science Festival in 2005 and has grown into a global phenomenon in partnership with the British Council since 2007. It is a competition aimed at finding, developing and mentoring young science and engineering communicators.
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Green Computing Awards 13 December 2022 Cyberjaya | Cyberjaya
Parallel to the Malaysian Government’s commitment to reduce the intensity of greenhouse gas emissions by 45%, MIGHT and Green Computing Initiative host the Inaugural Green Computing Awards (GCA) 2021 in recognition of Government agencies commitment to green growth initiatives. GCI is a green computing accreditation and certification organisation that certifies and supports ICT organisations and professionals in Green Computing technology. Its certification is the standard sought by the industry to ensure e cient and e ective sustainable computing practices, and to reduce or limit the harmful impacts of computing and implementing eco-friendly means. MIGHT also introduced the GreenDC Retrofit Kit for Green Data Centre a Malaysian-made technology that has won several international awards including an award from the United Nations (United Nations) in 2015. Green data centres are able to reduce energy costs by 60% and reduce the energy costs and carbon footprint of the Government’s facilities. The winner for GCA 2021 are as follows: Best of Electrical Engineering – Jabatan Kerja Raya Malaysia Best of Systems Engineering – Jabatan Perkhidmatan Awam Malaysia Best of Environmental Control – Majlis Bandaraya Petaling Jaya
Best of Monitoring & Reporting – Jabatan Ukur dan Pemetaan Malaysia Best of Scalability & Resilience – Jabatan Peguam Negara Malaysia Best of Management – Jabatan Pendaftaran Negara Malaysia Best of the Best – Jabatan Perkhidmatan Awam Malaysia
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The Rapid Digital Reskilling Programme
The advancement into the digital age and Industrial Revolution 4.0 (IR 4.0) has rendered digital skills a necessity for employees and businesses alike in the current landscape, even prior to the onset of the COVID-19 pandemic. Currently, there is a shortage of such skills as evidenced by a Randstad survey in 2018 that found close to 90% of the Malaysian workforce does not have digital skills, and graduate unemployment also increased due to the lack of such skills. Realising the importance of this issue, Malaysian Industry-Government Group of High Technology (MIGHT) , AirAsia Academy and Malaysian Society for Engineering and Technology (MysET) collaborated in creating this programme as it has the potential to address the gap. Consistent upskilling would also address the issue given the fleeting nature of technology stacks, which have expanded market reach and lowered costs, and have enabled the development of new products and services. This programme is an initiative by the Ministry of Science, Technology and Innovation (MOSTI), which reflected on the aspiration of the Malaysian Government in creating a future-ready workforce.
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The Smart Farming Way to Food Security
10 November 2021 Penang and Kedah | Online
Incorporation of information and communication technologies into machinery, equipment and sensors in agricultural production systems promises to substantially improve yield and quality. In addition, advances in animal sciences including animal reproduction, genetics and breeding, animal nutrition and production and animal health results in greater industry productivity. MIGHT paid a visit to two illustrious entrepreneurs in the area of smart farming. Kairos Agricuture is Malaysia’s first Vanilla Smart Farm located in Penanti, Bukit Mertajam. The farm utilises Smart Farming principles in all aspects of operations from temperature control to automatic sprinkling systems and nutrition sensors to produce premier vanilla pods. These have a value of RM1.5 million per harvest. Muhamad Hayatullah Ibrahim of Tenang Agro Farm in Kuala Nerang, Kedah uses the abundance of resources and raw materials available in the surrounding area including agricultural and industrial by-products to produce bio-based feed at his cattle farm.
For recorded version, please scan the QR code
For recorded version, please scan the QR code
EXPLORATION OF FUTURE POSSIBILITIES FOR BETTER DECISION MAKING
Direction Setting
Trend Analysis
Scenario Planning
Horizon Scanning
Development Of The New Industrial Master Plan (IMP)
The New IMP aims to align the quest for the nation’s competitiveness through industry development with the values of social inclusion and environmental sustainability, considering the interconnectedness of economies, adopting and responding to a new global development, which is more volatile, uncertain, complex and ambiguous (VUCA) than ever. The development of this master plan adopting a foresight methodology including scenario building approach - a process of analysing plausible futures and considering alternative plausible outcomes of industrial development. This will ensure a more robust policy that has accounted for several alternative future developments rather than showing one exact picture of the future for Malaysia’s industrial development.
The Outcome
Strategies and action plans for the next 10 years that are not only meant to drive industrial development but also to bridge the expectation of being an aspirational master plan whilst taking its feasibilities into consideration.
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Scenarios: Future Of Youth 2035 This initiative is undertaken in collaboration between IYRES and MIGHT to produce the plausible future scenarios on youth by 2035. Four scenarios were explored to anticipate future issues related to youth arising from upcoming trends in social, technology, economic, environment, political and values post-2020. The scenarios will be used to frame the thinking for an on-going study (Kajian Kompetensi Pemimpin Muda) which will outline the characteristics and competencies encompassing the DNA of youth leadership in the future. This project also marked as our first scenario building exercise to be done fully online.
The Outcome Scenarios of Future
Youth 2035 explored four scenarios that are expected to be used as communication material between stakeholders on what needs to be done now to help prepare against future uncertainties.
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TOWARDS A NEW INDUSTRIAL STRATEGY: Insights into Malaysia Industrial Related Policies Current global and domestic challenges confronting Malaysia’s industrial sector, have made us aware that our past industrial approaches which were highly dependent on large-scale injection of foreign capital to boost labour productivity are no longer viable. The emergence of the Fourth Industrial Revolutions characterised by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres that has been occurring since the middle of the last century, have further provided new challenges. MIGHT conducted a comprehensive analysis on all ongoing policies related to industry development in Malaysia, scanning through 26 industries encompassing a total of 105 sub-industries as defined by MITI according to the Malaysia Standard Industrial Classification (MSIC) code. This report shared insights on: Policy statements, aspirations and previous strategies related to manufacturing, services, trade, investment, technology, productivity, standards and talent in each industry; and The Outcome This analysis is expected to benefit policy makers at the national or organisational level, as it provides the foundation for future development of industrial strategies. Development plans employed by other countries in each area of interest for possible future consideration in the future development of industrial strategies.
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