MoU signed for collaboration in tech commercialisation services

Minister of Science, Technology, and Innovation Khairy Jamaluddin (middle) having a group photo with Chief Executive Officer of Malaysian Technology Development Corporation (MTDC) Datuk Norhalim Yunus (left) and Chief Executive Officer Petronas Technology Ventures Sdn Bhd (PTVSB) Dr. Mahpuzah Abai (right) after witnesses a Memorandum of Understanding Signing Ceremony between Malaysian Technology Development Corporation (MTDC) and Petronas Technology Ventures Sdn Bhd (PTVSB) at PETRONAS Research Sdn Bhd today. Also present, Chairman of MTDC Tan Sri Abdul Rahman Mamat (second, left) and Senior Vice Presiden of Project Delivery & Technology at PETRONAS Chemicals Group Berhad Samsudin Miskon (second, right). -- Bernama

KUALA LUMPUR: Malaysian Technology Development Corp (MTDC) has signed a memorandum of understanding (MoU) with Petronas Technology Ventures Sdn Bhd (PTVSB) to leverage each other’s capabilities and strength in building an effective ecosystem for the commercialisation of homegrown technologies.

MTDC chief executive officer Datuk Norhalim Yunus said the MoU would provide opportunities not only for both parties to work together to commercialise technologies developed by Petronas, but also to help local companies.