Research and development services in Malaysia
Rising Global Consultants
Research and Development (R&D)
According to the annual national R&D survey by the Malaysian Science and Technology Information Centre (MASTIC), Malaysia has achieved its national initiative target of having 70 researchers per 10,000 labor force by 2020
This achievement is credited to the Malaysian Research Universities (MRU) program launched by the government in 2007. The MRU program, modeled after similar initiatives in South Korea and Singapore, aims to foster a research culture in Malaysia, promote commercialization, increase the enrollment of postgraduate and postdoctoral students, and enhance Malaysia’s global standing
In 2020, the government announced the National Science, Technology, and Innovation Policy (NPSTI) 2021-2030, which aims to emphasize the importance of linking existing science, technology, and innovation (STI) facilities and capabilities with Malaysia’s overall economy. The plan outlines 10 Science, Technology, Innovation, and Economy (STIE) leap programs, with the goal of achieving a domestic R&D expenditure (GERD) of 3.5% by 2030
49.4%
Domestic investment
RM 23.5 million
Total approved investment for 2021
50.6%
Foreign investment
Government support
100%
100% capital expenditure allowance over ten (10) years.
70%
The tax allowance can offset 70% of statutory income within the tax year.
8th place
The most innovative country among Asian economies
3rd place
The most innovative middle-income economy in the world
Welcome to Contact Us
Phone Number: +60 3-8682 1802 | E-mail: officer@rising.com.my