MDEC Teams Up With IP Bridge To Enable Malaysian Firms To Leverage On Japan's R&D Field

KUALA LUMPUR, Oct 4 (Bernama) -- The Malaysia Digital Economy Corporation(MDEC) and Japan-based management company, IP Bridge, have signed a collaborative agreement to enable Malaysian technology companies to leverage on Japan's vast research and development (R&D) field. In a statement Tuesday, MDEC said, the agreement will see both countries collaborate to promote development of new intellectual properties (IP) towards innovative technologies. "IP Bridge is allocating its IP resources to invest in technology companies around ASEAN nations, including Malaysia, Singapore, Thailand and Indonesia, with the goal to bring the companies to conduct business in Japan. "The push for innovation, particularly in areas such as Internet of Things, Cloud, Big Data Analytics, Cybersecurity, e-Commerce and artificial intelligence will benefit both countries in advancing the information technogy industry within the region," it said. MDEC Chief Operating Officer, Datuk Ng Wan Peng, said as Malaysia continued to embrace digital economy, it was becoming increasingly important for the company to collaborate with other pioneers in this sector to further push the boundaries of innovation. Meanwhile, IP Bridge Chief Executive Officer/President, Shigeharu Yoshii, said the company's innovative information and communications technology (ICT) was developing regardless of countries. "We can see a lot of opportunities among ICT-related countries including Malaysia and Japan, and are sure that this joint work by MDEC and IP Bridge will accelerate the sustainable growth of ICT industries in the both countries and the world," he said. MDEC, previously known as Multimedia Development Corporation, is a government-owned institution responsible for the management of the Multimedia Super Corridor (MSC Malaysia) in Malaysia as a technology industry and commerce zone. -- BERNAMA