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 Local

MOSTI approved RM1.59 bil for 2,029 R,D&C products

3rd July, 2012

BANGI: The Science, Technology and Innovation Ministry (MOSTI) had approved RM1.59 billion for 2,029 research, development and commercialisation (R,D&C) projects in the past four years.

Its minister, Datuk Seri Dr Maximus Ongkili said 13,213 applications for funds totalling RM7.34 billion were received during the duration.

He said 16.65 percent or 310 of 1,862 R & D innovations funded by Mosti were successfully marketed in the country and abroad.

“The government through Mosti is formulating a Science, Technology and Innovation policy, a Science Act and a Human Capital Science and Technology Roadmap to empower research, development and innovation programmes in the country,” he said.

He said this in his speech text delivered by the ministry’s deputy secretary general (Science) Prof Datin Dr Khatijah Mohd Yusoff at the Innovation Day and 40th anniversary celebration of the Malaysian Nuclear Agency, here yesterday.

Also present at the function was Malaysian Nuclear Agency Director-General Dr Muhamad Lebai Juri.

Ongkili said the documents would serve as a blueprint towards ensuring sustainability of the ecosystem and a more conducive science and technology environment, besides enabling the government to effectively manage critical issues such as human capital development, career advancement in the science field, R & D investment growth and innovation progress.

Meanwhile, Dr Muhamad said various activities would be held during the three-day celebration beginning today, among them, an exhibition of research products developed by the agency since its establishment over 40 years ago.

   
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