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702458
Wed, 08/06/2025 - 10:43
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ASEAN Tech Summit 2025 Eyes Over US$47.30 Million in Innovation Deals

KUALA LUMPUR, Aug 6 (Bernama) -- The ASEAN Technology Cooperation and Development Summit 2025 aims to secure over US$47.30 million (RM200 million) in innovation and investment deals during its two-day run on November 25–26 at the Malaysia International Trade and Exhibition Centre (MITEC).

Intrinsic SEA’s chief executive officer, Ravenna Chen, said over 100 companies, more than 50 global investors and 2,000 innovators and ecosystem leaders from ASEAN, China, Canada, Europe and other regions are expected to attend the summit.

“We plan to host over 50 top investors from across the globe, featuring five startup pitches and five scale-up pitches. In addition, four major corporate innovation platforms will be launched by companies that are well-prepared and actively seeking innovative solutions.

“Internally, our management fund is worth 200 million Canadian dollars. We aim to leverage our networks in Canada, Japan and China to invest in South Asia as well,” she told reporters at today’s soft launch and media preview of the ASEAN Technology Cooperation and Development Summit 2025.

The soft launch was graced by the Deputy Science, Technology and Innovation (MOSTI) Minister Datuk Mohammad Yusof Apdal.

The summit, organised by Intrinsic SEA, is a flagship forum held alongside WE2025: Future in Motion, a three-day programme from Nov 25–27, 2025, organised by Qube Integrated Malaysia Sdn Bhd.

“WE” stands for Women’s Economics, Empowerment, Women Entrepreneurship, Women Excellence and Women Evolution.

The summit will focus on five strategic pillars, namely: future mobility and smart transportation, future healthcare and digital medicine, future consumer and digital commerce, future building and safety emergency response, and future employment and entrepreneurship.

Key highlights include ministerial and industry roundtables on strategic innovation, a next-gen technology exhibition with over 100 frontier solutions, and ASEAN future cities and investment opportunity spotlights.

With over 50,000 expected livestream viewers, the summit will further position Malaysia as a key enabler of ASEAN-wide collaboration in science, technology and innovation.

In his keynote speech, Mohammad Yusof said the summit reflects Malaysia’s ambition to lead regional innovation, strategic partnerships, emerging technologies and inclusive growth.

“At MOSTI, our mission is anchored in a clear vision to transform Malaysia from a technology user into a global technology developer with global market capabilities by 2030,” he said.

Meanwhile, Qube Integrated Malaysia executive chairman Richard Teo said WE2025 champions inclusive economic growth by empowering women in trade, investment and leadership.

“While this summit welcomes all participants, it upholds that spirit by ensuring women have meaningful opportunities to lead in tech innovation – a sector where inclusive participation is urgently needed,” he added.

-- BERNAMA

 


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