Malaysia, China in tie-up to develop digital economy
17 Jul 2024
Malaysia and China have joined hands once again for the development of the China-malaysia Digital and Green Technology Industrial Park.
A memorandum of understanding was signed between Menteri Besar Selangor (Incorporated) (MBI) and the China Association for International Science and Technology Cooperation and China Harbour Engineering Co Ltd.
It was witnessed by China’s Ambassador to Malaysia Ouyang Yujing (pic) and deputy Science and Technology and Innovation Minister Datuk Mohammad Yusof Apdal here at Sunway University.
Ouyang said during his opening address here that this year, both countries have agreed to collaborate on developing the digital economy, green development and artificial intelligence.
This was during the meeting between China’s Premier Li Qiang and Prime Minister Datuk Seri Anwar Ibrahim in June this year.
“Both countries agreed to explore cooperation to advance the manufacturing industry, science and tech innovation (STI),” he said.
He added that there are further collaborations for (STI) people to people exchange programmes.
Mohammad Yusof said that collaborations are important for scientific advancement so that no one is left behind.
“Disparities in access to cutting-edge technology, expertise and resources have become more pronounced, becoming a challenge to progress.
“However, through strategic partnership, we can bridge this gap by combining our resources and complementing each other’s strengths,” he said.
The technological park will be located in Pulau Indah, Selangor and the total area will be 1,000 acres, with the first phase covering 250 acres. The development will be in the Selangor Maritime Gateway Economic Development Zone, which covers 27,960ha.
It is the first economic development corridor in Malaysia that utilises the Klang River as a potential economic generator based on environmental, social and governance principles.
The area will create a conducive development zone to encourage business, attract new investments and increase sustainable development along the 56km stretch of the Klang River.
“This partnership marks a significant step towards a thriving green tech ecosystem in Selangor, fostering shared prosperity and environmental responsibility,” MBI Selangor said in a statement.
The project will upgrade infrastructure facilities and inject significant capital investments into the region. In addition, the collaboration with China unlocks access to cutting-edge technology and a vast market, it added.
Separately, on the same day, there was another memorandum of understanding inked between Sunway University and China Association for International Science and Technology Corp. This signing is for both parties to collaborate on research, innovation, education and talent development.
Source: The Star
