Chang: Lack of RnD funding stopping Malaysia from achieving high-tech nation status by 2030

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Chang: Lack of RnD funding stopping Malaysia from achieving high-tech nation status by 2030
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MALACCA: The lack of allocations and investors in the field of Research and Development (RnD) continues to be an obstacle to Malaysia achieving high-t...

: The lack of allocations and investors in the field of Research and Development continues to be an obstacle to Malaysia achieving high-tech nation status by 2030.said this is because R&D funds in Malaysia still remain one per cent of the Gross National Product compared to other countries such as South Korea at four per cent.

“This is because RnD takes a long time for results and achievements to be seen. If our investments in RnD are not large enough like other countries that reach three to four percent of the GDP, we will be left behind.

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