The National Technology & Innovation Sandbox (NTIS) announced by Prime Minister Tan Sri Muhyiddin Yassin today is poised to drive the growth of innovation and creativity in the country through catalysing and bringing together various efforts that are already in place, the Ministry of Science, Technology and Innovation said in a press release today.
This would include the digitalisation of services and increasing the commercialisation rate of local products, technologies as well as research and development services.
Being a sandbox, the testing process is more relaxed and conducted in a safe and controlled environment. This will reduce the barrier to entry for products, services, innovations and new discoveries. It will also speed up the testing of new technologies such as those for drone deliveries and self-driving vehicles.
MOSTI, together with Malaysian Global Innovation & Creativity Centre, Technology Park Malaysia, Malaysia Technology Development Corporation (MTDC) and Futurise Sdn Bhd, will work closely with regulatory bodies as well as the private sector to coordinate the implementation of the NTIS.
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