BRICS membership will not negatively impact Malaysia’s E&E sector, says minister

KULIM (June 22): Malaysia’s Science, Technology and Innovation Minister Chan Leekan said the country’s plan to join intergovernmental organisation BRICS (Brazil, Russia, India, China and South Africa) will not have a negative impact on the country’s electrical and electronics (E&E) sector.

He said Malaysia was ready to join the group as it would bring many benefits to the country, including research and development in the electrical and electronics sector.

“We will continue to maintain a neutral stance (amid US-China tensions). The BRICS membership drive is in mutual interest, and BRICS includes nine countries representing 45% of the world’s population.

“It is a very big market and we want to gain access to it. We don’t think joining BRICS will change our neutral stance. We will maintain our neutral stance but join BRICS for economic benefits,” he said when asked by reporters to comment on Malaysia’s plans to join BRICS.

Earlier, Chan attended the pre-opening of the Industrial Technology Innovation Centre (ITIC) and the official opening of the Semiconductor Research Consortium and Mimos Academy at the Kulim Hi-Tech Park here on Saturday.

The minister said the country’s participation in BRICS will be on a multilateral platform in addition to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and similar platforms.

“BRICS is just one of the multilateral platforms that we are part of. Many other countries besides Malaysia, such as the UAE and Saudi Arabia, are interested in joining BRICS,” he added.

Commenting on the pre-launch of ITIC, Chan said this marks a major achievement in the development of industrial technology.

ITIC is made up of four centres, each managed by a different agency under the Ministry of Science, Technology and Innovation.

Mimos will focus on the E&E sector, Malaysian Research and Innovation Accelerator for Technology (MRANTI) will specialise in drone and robotics technologies, Malaysian Government Group for Hi-Tech Industry (MIGHT) will focus on smart city technologies and Malaysian Space Agency (MYSA) will concentrate on aerospace technologies.

Related Article

0 Comments

Leave a Comment