12 Jul 2013 11:19
MoA will enable both parties to set up a joint venture company to invest and commercialise MIMOS technologies in Sudan. KUALA LUMPUR, July 9 (Bernama) -- MIMOS, the National R&D Centre in ICT and Africa City of Technology (ACT); an entity under the Government of Sudan entered into a Memorandum of Agreement (MoA) today to establish a private sector-driven joint venture vehicle (JVCo). ACT, a Science, Technology and Innovation (STI) park venture capital, is affiliated with the Ministry of Science and Technology of Sudan and is tasked to build the Sudanese national capability and industry. The partnership will see MIMOS as a mentor to nurture ACT by sharing its Open Innovation Platform (OIP) to help Sudan kick start their ICT industry. MIMOS will provide the technology investment while ACT takes up the capital investment. This will enable industries to take up MIMOS OIP and offer unique solutions to Sudan. The MoA is a progression from the Memorandum of Understanding (MoU) signed between the two parties on 1 November 2012 in Khartoum, Sudan. The cooperation will involve technologies such as; i. Public Cloud Services ii. Mini Cloud solution for education sector (e-Learning) iii. Mesh Wifi with Cloud services in the Khartoum area iv. High Performance Computing services for animation random simulation v. Precision Agriculture - mini green house solution; and vi. Nanotechnology research “In MIMOS, our business objectives are best met when we synergise our capabilities with our partners. This provides us with a conduit for locally developed technology to be exported worldwide and serves as an excellent platform for Malaysia to demonstrate its R&D capabilities to the world,” said MIMOS President and CEO, Datuk Abdul Wahab Abdullah. The collaboration is a win-win situation where ACT will benefit from the technical knowledge, experience and expertise shared by MIMOS, while Malaysian industries can benefit through the new market opportunities in Sudan. “This is our first partnership with an African nation and we hope Sudan will be our strategic partner to help us build the bridge to other countries in the African continent,” added Abdul Wahab. This Government-to-Government (G2G) partnership event was witnessed by the Minister of Science, Technology and Innovation, YB Datuk Dr Ewon Ebin and The Republic of Sudan Ambassador to Malaysia, H.E Khalid Abdelgadir Shukri. The MoA document was signed by Abdul Wahab and MIMOS Chief Operating Officer Abd Aziz Abd Kadir on behalf of MIMOS, while ACT was represented by its Director General Dr. Osama Rayis and Chief Executive Officer, ASASAT Group, Mohammed Mahjoo. About ACT ACT a Science, Technology and Innovation (STI) park venture capital that offers a comprehensive set of commercialisation and acceleration services, enriching the international dimension of technologies. About MIMOS MIMOS is the leader in ICT innovations, pioneering new market creations for partners through patentable technologies for economic growth. With over 25 years of experience and legacy, MIMOS contributes to the industry with its core technological competencies towards raising Malaysia’s local, regional and international market competitiveness. Led by accomplished leaders, MIMOS is powered by over 600 Researchers and Scientists, developing world-class design, research & development. With R&D competencies in ICT Value Chain, MIMOS sees technology as an enabler to all new economic growth areas. Through its meaningful existence, MIMOS has successfully transferred technology platforms, products and solutions to over 40 companies across six market segments. This translates to RM1.9 bil market funnel in 2012. In 2012, MIMOS contributed 41% of Malaysia’s Total Filed Patent Applications at the Patent Cooperation Treaty. MIMOS was also ranked 6th in the Top PCT Application among Government-owned International Organisations (Government and Research Institutes) in 2012. MIMOS endeavours to create a 'Culture of Innovation’ by nurturing relationships with internal and external stakeholders, in the spirit of smart partnerships and inclusive growth models & strategies. Note-to-Editor MIMOS is known as MIMOS and not Malaysian Institute of Microelectronic Systems. SOURCE: MIMOS Berhad FOR MORE INFORMATION PLEASE CONTACT: NAME : Tina Melan TEL : (03) 8995 5246 MOBILE: 012-340 1108 EMAIL : tina.suryani@mimos.my -- BERNAMA