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| Technology Park Malaysia | |
|---|---|
| Name | Technology Park Malaysia |
| Founded | 1995 |
| Founder | Malaysian government |
| Location | Bukit Jalil, Kuala Lumpur, Malaysia |
| Area served | Malaysia |
| Focus | Research and development, Innovation |
Technology Park Malaysia
Technology Park Malaysia is a science and technology hub located in Bukit Jalil, Kuala Lumpur, established to accelerate industrial research, commercialization, and technology transfer among Malaysian government, Malaysian Technology Development Corporation, Multimedia Development Corporation, Universiti Malaya, and private-sector partners such as Petronas, Tenaga Nasional Berhad, and Sime Darby. The park hosts research facilities, business incubators, and collaborative spaces designed to link national initiatives like Vision 2020 (Malaysia) with regional networks including ASEAN research consortia, Asia-Pacific Economic Cooperation, and multinational corporations such as Intel and Siemens. It functions as a node connecting universities, government agencies, and industry clusters to promote commercialization and inward investment from entities like Khazanah Nasional and international development programs.
The site was conceived in the early 1990s amid policy shifts led by figures associated with Mahathir Mohamad and national plans like Vision 2020 (Malaysia), aiming to emulate models such as Silicon Valley, Kista Science City, and Tsukuba Science City. The organisation was formally established in 1995 with backing from statutory agencies including MDeC and Malaysia External Trade Development Corporation. Early milestones included partnerships with Universiti Teknologi Malaysia, Universiti Putra Malaysia, and pilot projects co-funded by bilateral partners such as Japan International Cooperation Agency and World Bank. Over subsequent decades the park expanded through memoranda with technology firms like IBM, Microsoft, and Schlumberger, and hosted national initiatives tied to Digital Malaysia and the National Innovation Council (Malaysia).
The campus comprises laboratory blocks, office towers, and specialized infrastructure inspired by complexes such as Cambridge Science Park and Research Triangle Park. Facilities include cleanrooms, prototyping workshops, and shared research laboratories co-located with corporate R&D centres from companies such as Intel, Honeywell, and Siemens. It provides conference venues for forums like Malaysia International Halal Showcase and training academies affiliated with Malaysian Investment Development Authority and MDEC. On-site support services draw consultants from PwC, Ernst & Young, and McKinsey & Company while logistics and utilities interface with Tenaga Nasional Berhad and Petronas Gas infrastructures.
R&D themes have targeted biotechnology, green technology, information and communications technology, and advanced manufacturing, aligning with national agendas such as National Biotechnology Policy and initiatives under MOSTI (Malaysia). Collaborative projects have linked to university centres like Universiti Kebangsaan Malaysia, Universiti Sains Malaysia, and international laboratories including MIT spinouts, CSIRO, and Fraunhofer Society. Funding instruments have included grants from Khazanah Nasional, concessional schemes from Asian Development Bank, and technology transfer agreements with industrial partners including Schneider Electric and Bosch. Outcomes have produced patents filed through Intellectual Property Corporation of Malaysia and joint publications with journals indexed by Scopus and Web of Science.
The park operates formal linkages with higher education institutions such as Universiti Malaya, Universiti Teknologi MARA, and international campuses like Monash University Malaysia and Newcastle University Medicine Malaysia. Industry collaborations range from joint R&D with Petronas Research Sdn Bhd and MIMOS Berhad to commercialization pathways involving CIMB Group and Maybank. Memoranda of understanding have been signed with research bodies including Agensi Inovasi Malaysia and trade promotion agencies like Malaysian Investment Development Authority to attract foreign direct investment from corporations like Samsung and Panasonic.
Incubation offerings mirror global accelerators such as Y Combinator and Techstars but tailored to local sectors like halal technology showcased at Malaysia International Halal Showcase and agritech pilots linked to MARDI. Programs provide mentoring from alumni networks connected to Cradle Fund, seed financing from Malaysia Debt Ventures, and coworking ecosystems comparable to MaGIC (Malaysian Global Innovation & Creativity Centre). The park has supported startups that progressed to Series A and later funding rounds from regional venture capital firms such as Cavendish Ventures and corporate venture arms like Sime Darby Ventures.
Governance structures integrate statutory agencies and corporate stakeholders, with oversight models reflecting practices at Khazanah Nasional and advisory input from academic senates of Universiti Malaya and Universiti Teknologi Malaysia. Funding sources combine government allocations, competitive grants from MOSTI (Malaysia), private investment led by conglomerates such as Genting Group, and revenue from commercial leases to multinationals including Intel and Hewlett-Packard. Strategic partnerships have been negotiated under frameworks influenced by trade agreements like Malaysia–Japan Economic Partnership Agreement and development financing from institutions such as the Asian Development Bank.
The park has contributed to clusters in Kuala Lumpur and the Klang Valley, attracting multinational companies including Intel, IBM, and Schneider Electric, and fostering spin-offs linked to universities such as Universiti Malaya and Universiti Kebangsaan Malaysia. Its activities support national priorities tied to Vision 2020 (Malaysia) and foster workforce development through training programs coordinated with Human Resource Development Fund and vocational partners like Institut Kemahiran Belia Negara. Regional economic effects include increased foreign direct investment, patent activity registered with Intellectual Property Corporation of Malaysia, and participation in ASEAN innovation networks such as ASEAN University Network.
Category:Science parks in Malaysia