SELANGOR, Oct 24 (Bernama) — The National Technology and Innovation Sandbox (NTIS) marked its 3rd anniversary today, highlighting its ongoing mission to empower innovators, startups, and entrepreneurs across Malaysia. The event was officiated by the Deputy Minister of Science, Technology and Innovation, YB Dato’ Haji Mohammad Yusof Bin Apdal, and featured the launch of the PropTech Sandbox, an initiative in partnership with S P Setia.
Since its establishment in 2020, NTIS has been spearheaded by the Ministry of Science, Technology and Innovation (MOSTI) as a key pillar of Malaysia’s tech ecosystem. It has supported innovators in testing, refining, and commercialising new technologies by providing regulatory sandboxes, which allow for safe and efficient navigation of regulatory challenges. This approach has fostered a vibrant environment for technological growth, advancing Malaysia’s goal of becoming a technology-driven economy.
