CREST Now an Agency Under MITI

The Ministry of Investment, Trade & Industry (MITI) is pleased to announce that Collaborative Research in Engineering, Science and Technology (CREST) is now officially an agency under MITI.

CREST is an industry-led entity launched in 2012 to address Malaysia’s Electrical & Electronics (E&E) needs to grow the Research, Development and Commercialisation (R&D&C) ecosystem through market-driven collaborative R&D and talent development.
As MITI seeks to enhance the Malaysian industry’s economic complexity as one of the missions under the newly launched New Industrial Master Plan 2030 (NIMP 2030), CREST is a strategic addition to the MITI ecosystem.”

Zafrul on CREST

Here’s a quote from the Minister of Investment, Trade & Industry, YB Senator Tengku Datuk Seri Utama Zafrul Aziz:

“The MITI family warmly welcomes CREST into its fold. Indeed, CREST’s inclusion in MITI’s ecosystem is not only appropriate, but also timely.”

In 2022, Malaysia’s Electrical & Electronics (E&E) industry played a vital role in the country’s economy, with exports valued at RM592.96 billion and 106 investment projects worth RM29.3 billion.

This sector also generated 9,099 high-paying jobs. CREST’s integration into MITI positions it to support NIMP 2030’s goals, including the establishment of Malaysia’s first wafer fabrication company and five Integrated Circuit design companies, further elevating the nation’s semiconductor industry and global competitiveness.

Duduk dari kiri:

MR. JAFFRI IBRAHIM, CHIEF EXECUTIVE OFFICER of CREST

YBhg. DATUK SERI ISHAM ISHAK, Secretary General of MITI

Berdiri dari kiri:

MR. SURESH KALIAPERUMAL, Vice President (Operations) of CREST

YBhg. DATUK BAHRIA MOHD TAMIL, Deputy Secretary General (Management & Investment) of MITI

MR. AHMAD RIZAN IBRAHIM, Senior Advisor of CREST