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Monday, August 9, 2010

Iskandar research centre gets RM500mil from China

By ZAZALI MUSA zaza@thestar.com.my Aug 10, 2010

JOHOR BARU: Iskandar Malaysia Universiti Teknologi Malaysia Research Centre (IMrec) has attracted RM500mil from five Chinese investors.
Executive director Prof Abdul Ghani Khalid said the investments would be for new technologies
and research and development (R&D) activities of Iskandar Malaysia.
He said they were mainly for applications and usage of energy saving and green technology for building, street lighting, electrical transformer and industrial building system.
Ghani said the investments were secured during a one-day workshop and exhibition on new technologies and R&D for Iskandar held last week.
“More Chinese investments in technology-related and R&D activities are coming.
“The R&D activities will be on joint-collaboration with IMrec,” he said on Saturday.
Ghani said this at a symposium on Advancement of Construction Management and Real Estate: Towards Sustainable Development of International Metropolis.
The symposium was jointly organised by IMrec and Chinese Research Institute of Construction Management.
Ghani said IMrec officials and Universiti Teknologi Malaysia researchers would visit Beijing before the year-end to hold meetings and discussions with Chinese researchers as well as to attract more investors to Iskandar.
He said the Chinese and UTM researchers would improve on existing technologies from countries such as Germany, Japan and South Korea.