Mosti to commercialise 145 R&D products
Published on: Wednesday, May 25, 2016
Kuala Lumpur: The Ministry of Science, Technology and Innovation (MOSTI) is on track to commercialise 145 new research and development (R&D) products by year-end.The products, which will become the special key performance indicators (KPIs) in conjunction with Malaysia Commercialisation Year 2016 (MCY 2016), are developed by 26 research institutes nationwide comprising 13 research agencies, five research universities and eight technology development agencies."Currently, we are introducing the products to the industry players and companies," said Minister Datuk Seri Madius Tangau.
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He was speaking to reporters after officiating the pre-launch of MCY 2016 here, Tuesday.Madius also launched the MCY 2016 logo, slogan and theme song, as well as two products, namely "My Fon" and "Quantum Brakepads" at the ceremony.Meanwhile, Madius expressed confidence that the ministry could achieve the target of commercialising 150 new products by year-end."With 145 products already in hand, it should be no problem for us to achieve the 150 KPIs this year," he said.
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