UMW’S RESEARCH ARM INKS MEMORANDUM OF COOPERATION WITH SIRIM FOR STRATEGIC COLLABORATION IN INNOVATION AND TECHNOLOGY
KUALA LUMPUR, 17 August 2021 – UMW Group’s wholly-owned subsidiary, UMW Innovation and R&D Centre Sdn. Bhd. (“UIRDC”) has entered into a Memorandum of Cooperation (“MoC”) with SIRIM Berhad, an agency under the purview of the Ministry of International Trade and Industry, to form a strategic collaboration particularly in the areas of innovation and technology.
Capitalising on the MoC, the UMW Group aims to foster technological advancement through SIRIM’s Industrial Centre of Innovation and Technology. Among the identified key areas of potential collaboration are Smart Manufacturing, Nanotechnology, Industrial Biotechnology as well as Testing, Inspection & Certification. The essence of the strategic collaboration encompasses scientific industrial research, provision of technology transfer and consultancy services as well as the development of new Malaysian standards.
Through this collaboration, the UMW Group would gain access to SIRIM’s expertise in the development of standards which is at the forefront of technology innovation for various industries. Furthermore, both parties will be cooperating in technical expertise and training which will lead to execution of projects as well as commercialisation of products.
The MoC signing was executed virtually today between Dato’ Dr. Ahmad Sabirin Arshad, President and Group Chief Executive of SIRIM Berhad and Dato’ Ahmad Fuaad Kenali, President and Group CEO of UMW Holdings Berhad.
Dato’ Dr. Ahmad Sabirin Arshad, President and Group Chief Executive of SIRIM Berhad said the collaboration, among others, will provide SIRIM and UMW a platform to explore potential areas such as in Industry 4.0, fabrication of machinery and equipment, renewable energy and environmental technology.
“Through UIRDC, we hope to work with the relevant industries and stakeholders, to provide consultancy and technical assistance in technology, recommending proposals and intervention plans for nurturing the upstream, middle and downstream industry; and the application of SIRIM’s technology, innovative solutions or adoption of other technology to specific target groups. Areas that we can explore include Industry 4.0 solutions and water filtration technology for industry and community use,” he added.
Dato’ Ahmad Fuaad Kenali, President and Group CEO of UMW Holdings Berhad remarked, "With the ever changing market conditions, the need to remain competitive and relevant requires all entities to continuously innovate and improve.”
“UMW is pleased to collaborate with SIRIM, the country’s premier industrial research and technology organisation, to capitalise on each other’s strengths and know-how that can be synergised to accelerate our shared pursuit of innovation. Furthermore, it will help us to improve our products and processes as well as enhance our competitiveness to achieve greater resilience for our businesses. We look forward to the collaboration as it provides the opportunity for the UMW Group to leverage on SIRIM’s capability to hasten our products innovation and commercialisation,” added Dato’ Fuaad.