Amazon Web Services’ RM25.5 billion investment into Malaysia – making it the first in the region for cloud computing infrastructure with 3 availability zones is a catalyst on many fronts.
MRANTI believes this will accelerate the rate of innovation as it opens up more bandwidth for Malaysian innovators to closely collaborate with leading science, technology and innovation teams across the value chain, from anywhere in the world, at speed and with greater capacity, reliability, availability, manageability and security. This will raise the stature of our R&D for commercialisation while elevating more Malaysian technologies to market.
This in turn, will enhance the country’s security of innovation supply.
AWS’s investment also opens up new pathways for upstream and downstream R&D services and solutions to be developed in Kuala Lumpur – which is ranked as a top 10 innovation hub in the region.
It will also help us draw in the right talent and move Malaysia up the innovation value chain as the next-generation cloud infrastructure system will support a host of technologies by high-growth companies, set to take flight in the coming years.
Malaysia is already a base for many leading multinational and leading technology companies, and we believe more will follow in AWS’ lead in this regard.
MRANTI is committed to connecting investors and innovators to accelerate ideas to impact. In this regard, we look forward to collaborating with AWS and Malaysian institutions, startups, and companies to deliver cloud-powered applications to fuel economic development across the country and to spur job creation, skills training, and educational opportunities for communities.
Ultimately, it will serve the needs of the rakyat, business and industry – as outlined in the Ministry of Science, Technology and Innovation (MOSTI)’s strategic initiatives and framework to enable Malaysia to migrate from a technology consuming to a technology producing nation strongly based on an innovation-driven economy.
About MRANTI
MRANTI is the one-stop research commercialisation agency with the resources to accelerate the commercialisation of innovative ideas that will drive impact. As a connector, collaborator and catalyst, MRANTI will connect problem statements (demand) with solutions (supply), bridging collaboration between public and private sectors (transition); increase private sector participation, either through market access, investment, advisory or consultation and facilities for testing and prototyping.
