NGAP 2020 To Contribute Rm 20 Billion GNI Impact & Create 9,000 Jobs For Malaysia

PUTRAJAYA, 3 MARCH 2016 – National Graphene Action Plan 2020 (NGAP 2020) collaborating companies have expressed readiness today through the signing of MoUs to cooperate and to take joint efforts in sharing positive insights, initiatives and
implementations of collaborative projects aimed at enhancing downstream application of graphene relevant to Malaysia. This will eventually enable a local graphene eco-system to accelerate downstream adoption. These collaborations were projected to contribute RM 10 Billion towards Malaysia’s GDP and estimated to contribute RM 20 Billion of GNI impact. In addition, about 9,000 jobs could be created with about 2,000 – 3,000 high-value jobs. Specifically, the collaborations involve downstream graphene-based application development for specialty and consumer products ranging from tyre, automotive component, water pipe and ultracapacitor. “The year 2016 is the Malaysia Commercialisation Year and the Ministry of Science, Technology and Innovation (MOSTI) is trusted to elevate the commercialisation of innovative products. NGAP 2020 is realising the plan by strategically applying open innovation with inclusive innovation initiatives into the 10 projects. The 360 new products to be commercialised by 2020 are now being realise through the kick-off of the 10 projects conducted by these companies under NGAP 2020. Therefore, it is important to optimise resources and collaborate with other agencies and ministries in this area to realise our vision and mission. I hope through this initiative it will uplift the economy of the country towards a high income nation though science, technology and innovation.” stressed YB Datuk Seri Panglima Madius Tangau, the Minister of Science, Technology and Innovation. Dr. Rezal Khairi Ahmad, the Chief Executive Officer of NanoMalaysia Berhad responded, “NanoMalaysia Berhad through the National Graphene Action Plan 2020, accelerates nanotechnology innovation and commercialisation with local and international collaborations through technology co-development and transfer, jointventures and co-investments. These MoUs establishes the framework for cooperation to properly be executed by local companies which will develop and produce graphene-based technology and applications. Given the potentially large number of parties involved in this action plan, the government through NanoMalaysia will play an active monitoring and coordination to ensure positive progress. In addition, the scope of targeted applications can also be extended to other industries where Graphene is expected to play a revolutionary role in the coming years.” NanoMalaysia Berhad as the Agency under the Ministry of Science, technology and Innovation (MOSTI) and as the Lead Agency to execute the National Graphene
Action Plan 2020 (NGAP 2020) exchanged 10 Memorandums of Understanding (MoUs) today with 10 companies under the NGAP 2020 programme at Dewan Banquette, Pejabat Utama Perdana Menteri, Putrajaya. Datuk Seri Panglima Madius Tangau, the Minister of Science, Technology and Innovation together with Dato’ Sri Idris Jala, the Chief Executive Officer of Performance Management and Delivery Unit (PEMANDU) and Prof. Emeritus Dato’ Ir. Dr. Zawawi Ismail, Chairman of NanoMalaysia witnessed the exchange of the MoUs. The MoUs exchanged were to signify the embarking of 10 graphene-based product development, graphene-based prototype and graphene-based scale up production by the 10 companies under the action plan