Malaysia consolidates two tech-related government agencies TPM, MaGIC

The KL Tower is seen, with a background of the cityscape in Kuala Lumpur, Malaysia.

Two of the government agencies under Malaysia’s Ministry of Science, Technology and Innovation (MOSTI) will be restructured through a consolidation process that will create a new technology commercialisation agency.

This new mandate, which was approved by the Cabinet on Wednesday, will act as a technology commercialisation accelerator, the ministry said in a statement.

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