Business

M’sia, Spain ink MoU on science, tech, innovation cooperation

Countries to further work together in areas like biotech, space sciences, advanced manufacturing

Updated 3 years ago · Published on 03 Mar 2023 7:29PM

M’sia, Spain ink MoU on science, tech, innovation cooperation
Malaysia’s Science, Technology, and Innovation Ministry says the memorandum of understanding (MoU) signed with Spain is to promote mutually beneficial cooperation between both countries in the areas of joint research and development, exchange of expertise, joint scientific conferences, common utilisation of scientific facilities, and any other areas of cooperation within the framework of the MoU. – Pixabay pic, March 3, 2023

PUTRAJAYA – Malaysia and Spain have inked a memorandum of understanding (MoU) on cooperation in the field of science, technology and innovation, the Science, Technology, and Innovation Ministry (Mosti) said in a statement.

The ministry said the major thrust of the MoU is to promote mutually beneficial cooperation between both countries in the areas of joint research and development, exchange of expertise, joint scientific conferences, common utilisation of scientific facilities, and any other areas of cooperation within the framework of the MoU.

The MoU, signed by Mosti minister Chang Lih Kang and Spain’s Science and Innovation Ministry Secretary-General for Research Raquel Yotti, will serve as a catalyst for cooperation in science and technology as well as forging a closer bilateral relationship towards economic advancement.

“With the signing of the MoU, both countries are ready to explore further cooperation and collaboration in the areas of science, technology, and innovation – including biotechnology, space sciences, materials, and advanced manufacturing,” read the statement.

Mosti said one of the successful programmes to signify the synergy of collaboration between Malaysia and Spain is the Malaysia Spain Innovating Programme (Mysip).

Mysip is a joint programme between the Malaysian Industry-Government Group for High Technology – or MIGHT, an agency under Mosti – Malaysia’s Higher Education Ministry, and Spain’s Centre for the Development of Industrial Technology.

“Mysip allows for the exploration of new business opportunities through strong industrial research and development partnership towards commercialisation, as well as business-led research and development and innovation collaborative projects between entities, including start-ups from both countries,” it said. – Bernama, March 3, 2023

Related News

Malaysia / 2y

Political stability integral to science, tech development: minister

Food / 2y

Have a taste of the Mediterranean delivered to your home

Malaysia / 2y

Mosti to raise awareness on science, technology, innovation as enrollment drops

Food / 3y

‘World’s best restaurant’ to reopen in Spain as museum

World / 3y

Spanish PM calls snap elections after local poll drubbing

Malaysia / 3y

Mosti calls for investment in Malaysia’s space industry

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Business

Ringgit holds firm against major currencies as markets await key US inflation data

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Business

Kami Builders secure RM300 million ASEAN sustainability sukuk, channels Islamic capital into QIU campus development

Business

Open fibre sues Bank Pembangunan, six others in RM2b claim over Aries telecoms liquidation

Business

AI should support human thinking, not replace it - MDEC CEO

Business

Ringgit holds firm despite US inflation shock as markets brace for Federal Reserve decision

Business

Unemployment rate rises to 3.0 per cent in April 2026 - DOSM