Deputy Minister
Malaysian Deputy Minister, Ong Kian Ming Says Tech Collaborations with China Benefit ASEAN
October 18, 2019
Deputy Minister
Malaysian Deputy Minister, Ong Kian Ming Says Tech Collaborations with China Benefit ASEAN
October 18, 2019

Ong Kian Ming, Malaysia’s Deputy Minister of International Trade and Industry (MITI), has spoken about the country’s opportunities stemming from current global conditions, stating: 

“Given ASEAN is a very attractive destination and the US-China conflict has given a lot of push factor for Chinese companies in the technology sector to diversify their operations overseas, it is a good time for all stakeholders here to seek opportunities to work with Chinese tech companies.”

Ong Kian Ming

The Deputy Minister recently attended China’s Prime Global Innovation and Entrepreneurship Contest or IPIEC Global 2019 ASEAN chapter finals organized by WTOIP Global, China’s technovation platform for intellectual property (IP) and corporate services.

This year, 11 projects were selected for the ASEAN chapter finals, including eight projects from Malaysia, two from Indonesia and one from Myanmar.

However, the projects cover areas including blockchain, Internet of Things (IoT), healthcare, engineering, and environment. Two projects will go on to compete against those from major economies such as Switzerland, Hong Kong, Germany, the United States, and the United Kingdom.

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Raffle Chan, WTOIP Global Head of Global Business Development, said that winners of the contest will have a great opportunity to partner with potential businesses as well as government agencies across China.

ASEAN Enthusiastic About Tech from China

Lilyana Abdul Latiff, the CEO of BETA Foundation, stated: 

“When we were in China, they were under the perception that all technologies need to go to China, and they were worried that a lot of the technologies in Southeast Asia quite match up to what they already have in China.”

Lilyana Abdul Latiff

She added:

“Meanwhile, Southeast Asia is interested in seeing technology out of China to come here and help our small and medium enterprises.”

Lilyana Abdul Latiff

Source: malaymail.com


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. She is an archetypal writer, who loves to create her own little world with words and locutions. Apart from this, her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
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