KUALA LUMPUR: The Malaysian Global Innovation and Creativity Centre (MaGIC) will play an important role in coordinating the implementation of the National Technology and Innovation Sandbox (NTIS).
MaGIC chief executive officer Dzuleira Abu Bakar said the centre, together with Mimos Bhd, Technology Park Malaysia and other agencies under the Science, Technology and Innovation Ministry, will work closely to enable and coordinate the rollout of the NTIS.
"The NTIS Secretariat will serve as a national solution coordination centre for the dissemination of new and existing issues raised by the public, corporate and public sectors especially through the use of advanced technologies.
"Covid-19 affects businesses, leading to unemployment and raising a number of sectoral issues, such as dependence on foreign labour, the resilience of local supply chains, food and health security and digital infrastructure shortages.
"Such problems can be addressed by using advanced technologies in key sectors such as services, healthcare, manufacturing and agriculture."
The government has allocated RM100 million to set up Mosti-led NTIS, giving it some flexibility in testing new technologies.
Dzuleira said the NTIS Secretariat would work closely in supporting advanced technology solutions and products.
This is in addition to skills improvement initiatives, capacity building programmes, market access, provision of a platform environment and testing, regulatory and legal facilities and research, as well as the use of various industries.
She said advanced technology was the next step in the innovation framework for Malaysia to gain competitive advantage through the creation of new socioeconomic values.
She also said the advanced technology products and solutions would take a shorter time to be produced, while the ability to commercialise them will be faster.
"Therefore, this is the right time to do it."