PM: National Nanotechnology Roadmap Will Bring Socio-Economic Benefits

KUALA LUMPUR: The National Science Council discussed the National Nanotechnology and Product Roadmap 2021-2025 which is expected to be applied to various industries, Prime Minister Datuk Seri Ismail Sabri Yaakob has said.

He said this is in line with Industrial Revolution 4.0 (IR 4.0), especially in areas such as smart agriculture, renewable energy, halal industry and medical technology.

“The development of nanotechnology products such as vaccines, cancer drugs, medical devices, technological sensors, nano-fertilizers, biomass, solar panels, as well as sweeteners and flavorings in halal products that are in high demand in the global market will boost the economy,” he said in a statement following a meeting of the National Science Council on Friday.

Ismail Sabri said the national nanotechnology and product roadmap will also bring many socio-economic benefits to the country, including the creation of 33,391 jobs within five years.

He said employment opportunities encompassed 5,968 highly-skilled, semi-skilled (24,755) and 2,668 unskilled workers, and the nanotechnology industry is expected to contribute RM151.5 billion to gross domestic product ( national GDP) within five years.

In addition, the Prime Minister said the meeting also discussed human capital supply and the labor market in the science, technology, engineering and mathematics (STEM) sector, which needed a comprehensive solution to improve the country’s competitiveness in science, technology and innovation (STI). .

For this, he said the government is taking the number of STEM students seriously, which is currently at 47%, with pure sciences at 19%.

“Student interest in STEM needs to be boosted and the Ministry of Education (MOE) has been tasked to lead the STEM roadmap,” he said in the Bernama report.

The meeting also discussed the importance of highlighting STI at the community level through Malaysian Social Innovation (MyIS), which is an initiative under the Ministry of Science, Technology and Innovation ( Mosti).

Ismail Sabri said the initiative was a good step to strengthen innovation at the local level and enable the shift towards inclusive economic distribution at all income levels, especially the B40 (low income) and M40 (low income) groups. medium) focusing on the application. local technology.

“The government, through the creation of the National Technology and Innovation Initiative (NTIS), has also stepped up the commercialization of local innovations centered on the socio-economic sustainability of the country,” he said.

The Prime Minister said the meeting also agreed to improve the governance structure of the NTIS initiative, with the NTIS Working Group Committee renamed to the NTIS Steering Committee.

In addition, the NTIS Council was also abolished and replaced with a reporting framework now to the National Science Council (NSC), which became a standing agenda of NSC meetings to reduce duplication with the existing council, as the NSC is also chaired by the Prime Minister while the NTIS Task Force Committee will be chaired by Secretary General de Mosti.

Ismail Sabri also said that the NSC meeting, the first of this year, discussed various efforts of the government to popularize the field of STI as a catalyst for the socio-economic stabilization of the country based on the three main axes of Keluarga Malaysia (Malaysian family).

Previous In-Depth Analysis of Smart Airports Market by Risk Factors, Economic Fluctuations and Industry Dynamics by 2027 – Bloomingprairieonline
Next Outstanding week of economic data to shake up the city