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Sweden to assist Malaysia in innovative tech transfer

 | September 10, 2013

Malaysia is working closely with Sweden to advance in innovative technologies.

By Kazi Mahmood

With the assistance of several leading Swedish companies that are innovating pioneers, Sweden is working very closely to help Malaysia to enhance innovation in the economy through measures such as technology transfer.

The Swedish ambassador to Malaysia, Bengt G Carlsson, quoted Malaysian premier Najib Tun Razak as saying innovation is the way for Malaysia to reach a high income economy when he called for a highly evolved innovation ecosystem for Malaysia.

“In order to progress we have to see the world with innovative eyes. This is how Malaysia is moving forward. I am glad that Malaysia is working closely with Sweden to advance in innovative technologies,” said Carlsson.

Sweden is renown for its innovations, having invented products such as the zipper and the match stick, which are part of the country’s glorious past, to the more Internet savvy Skype and Sportify.

Skype is the most popular online video calling system used across the globe whereas Sportify is a digital music service that gives access to millions of songs on the Internet.

Trade between Malaysia and Sweden hit RM1.97 billion in 2012 and is in favour of Malaysia but the two countries are focusing on new avenues in cooperation to increase trade and business between the two nations.

Business Sweden Market unit manager for Malaysia and the Philippines Carl Malmqvist said the engineering solutions are part of the new business focus between Malaysia and Sweden but Sweden is also looking into other smaller sectors.

“This will include academia and more Swedish investment in Malaysia,” Malmqvist said during the soft launch of the Sweden Malaysia Innovation Days 2013 (SMID 2013) in Kuala Lumpur yesterday.

According to SAAB International Malaysia Sdn Bhd MD Thomas Linden, SAAB, which now is exclusively involves in defence and is not producing cars anymore; will work with Malaysian companies and will try to transfer defence technology to Malaysia.

“We are in talks with some companies here and we want to transfer military technology for civilian use and look into the security from a civilian point of view including enhancing the traffic situation in Kuala Lumpur,” Linden said during a press conference.

The second edition of the SMID 2013 (Sept 17-18) will showcase thre e days of Swedish thinking and ingenuity and the event will put in the spotlight the transportation safety, design and innovation and environmental sustainability.

Agency Innovasi Malaysia CEO Naser Jaafar said the event is an opportunity to learn from one another and jointly create an open and effective innovation ecosystem.

“It is excellent to see that there are Swedish companies already collaborating on innovative projects with Malaysian partners but we naturally want to see more of these,” Naser said.

The SMID is deemed a strategic event that will provide a platform to enhance efforts in nurturing open and collaborative innovation between the two countries, Naser said.

There are now 89 Swedish companies operating in Malaysia, including Volvo, Scania, SAAB, Ikea and many others.

This content is provided by FMT content provider The Malaysian Reserve


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