Friday, August 7, 2015

Mosti Approves RM3.82 Million For Research, Development And Commercialisation Projects

TRONOH -- The Ministry of Science, Technology and Innovations has approved 6,278 research, development and commercialisation projects with an allocation of RM3.82 million under the Ninth Malaysia Plan (9MP) and the Tenth Malaysia Plan (10MP), as of June 30.

Deputy minister Datuk Dr Abu Bakar Mohamad Diah said of that, 1,712 projects were approved through the 10MP with funds worth RM924.06 million while 4,566 projects were approved in the 9MP with funds of RM2,896.75 million.
"A total of 3,906 projects were completed under the 9MP while 495 projects under the 10MP so far.
"During the 10MP from 2011 until June 30 this year, 474 intellectual properties were produced with RM602.53 million in sales, while 63 projects were commercialized," he said.
He was speaking to Bernama after officiating the closing ceremony of the 35th Science and Engineering Design Exhibition (SEDEX35) at the Universiti Teknologi Petronas (UTP) Chancellor Complex here Thursday.
The competition comprised five categories - the Open Innovation Challenge, Postgraduate Research, Engineering Team Project, Final Year Project and Young Inventors Challenge.
Project director Lye Kelvin said the competition was aimed at discovering new talent especially among students in science and innovation sector, to resolve global issues in the future.
A total of 175 groups comprising UTP students, schoolchildren and the public participated in the competition which was held yesterday and today. - BERNAMA

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