Malaysia is gearing up for the () race with a $1bn park to be set up by a trio of Malaysian and Chinese companies aimed at spurring developments in the country.
The park, focused on building applications that take advantage of computer vision , recognition and , will be built by engineering contractor China Harbour Engineering Company, G3 Global, a Malaysian apparel company that has diversified into IT, and Chinese firm SenseTime.
It will also serve as a platform to groom local talent, and support efforts to build a commercial ecosystem and advance research in Malaysia.
“We see huge potential of in Malaysia and we can’t wait to raise the bar of our nation with other countries,” said Wan Khalik Wan Muhammad, executive chairman of G3 Global.
“The idea to set up the park is vital in order to build research related public service infrastructure as the base to promote technology in Malaysia. In addition, this becomes a place for talents to be trained on and ,” he added.
Noting that has become a tool for Malaysian organisations to glean business insights and increase productivity, Wan Khalik expects the park to have a “huge impact” on government agencies, as well as banking, manufacturing and healthcare industries.
The park was announced during Malaysian prime minister Mahathir Mohamad’s visit to SenseTime’s premises in Beijing last week where the second Belt and Road Forum for International Cooperation was held.
During a demonstration of SenseTime’s capabilities in areas such as , smart cities, education and healthcare, Mahathir noted that there are plenty of application scenarios for those technologies in Malaysia. With a passion for driving, Mahathir also tried out a system.
“With advanced technology and extensive business experience, SenseTime is honoured to be part of Malaysia’s new journey. We look forward to working together with Malaysian government, academia and business sectors, bringing our technological expertise and experience to Malaysia and building a better world with technology,” said SenseTime founder Tang Xiao’ou.
The location of Malaysia’s first park has not been set. As part of their collaboration, SenseTime will build an and supercomputing platform
Malaysia is one of the few countries with a national big data analytics framework to encourage adoption of big data across industries. Building on this framework, the Malaysia Digital Economy Corporation (MDEC) is expected to introduce a national framework by the end of this year.
for research and cloud services, while G3 Global will facilitate the park’s development and form partnerships with industry and academia to support the park’s activities.[…]