00:00 [President Rampal] Malaysia needs to boost the economic growth model led by the development, commercial and innovation activities, R&D, NC and I.
00:13 To join the top 30 countries in the Global Innovation Index by 2025,
00:21 RND funds under the Ministry of Science, Technology and Innovation are available for RM510 million.
00:29 And the Ministry of Education is also available.
00:32 Among them, RM50 million is allocated as a grant for public universities to work with private sector
00:42 to develop activities, innovation and development.
00:45 RM76 million for R&D ecosystem and the product of the creation of companies, NGOs and government offices.
00:59 The Innovation that has been launched this year is focused on the creation of local children that can be commercialized.
01:09 And this must be promoted so that the people can create.
01:15 To promote the creation of industry players, RM10 million is provided to involve in the field of
01:25 technology E&E under MIMOS, space sector under MYSA and drone and robotic technology under Meranti.
01:36 [END]
