KUALA LUMPUR: Technology Park Malaysia Corp Sdn Bhd (TPM) is set to act as the country’s innovation ecosystem one-stop centre after being entrusted to set up the Industrial Revolution 4.0 International Innovation Hub (IIH).

       As Malaysia’s innovation facilitator and technology enabler, TPM has been allocated RM30mil under Budget 2022 to establish the IIH, which would act as a centre of excellence (COE) and support the innovation ecosystem by developing new technology clusters such as drones, robotics and autonomous vehicles.

       “Through IIH, TPM aims to assist 10,000 entrepreneurs by providing them with access to infrastructure and facilities, as well as coaching, mentoring and training 5,000 entrepreneurs on market access,” said TPM chief executive officer Dzuleira Abu Bakar.

       TPM also aims to enrol 7,500 participants in a Knowledge Exchange programme with international research universities and institutes.

       “We also hope to enlist 750 small and medium enterprises, incubatees or start-ups in our facilities which will be fitted with 5G technology.

       “Drone development is another focus area, in which we target to support 50 companies through guidance and living lab drone facilities,” she said. — Bernama