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Venue : Kuala Lumpur Convention Centre, KLCC
Date : 22 - 24 May 2012 : 11am - 6pm
Admission : n/a
Date : 22 - 24 May 2012 : 11am - 6pm
Admission : n/a
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Description :
HighLight :
Physical Measurement Lab
Scientific Lab
Lifesciences Lab
Training Lab
Lab Automation
The Malaysian economy expanded by 7.2% in 2010 -- a clear sign that the country has emerged from the global economic crisis. According to the Central Bank of Malaysia, the country’s GDP is expected to grow in the region of 7% in 2011. The total Foreign Direct Investments (FDI) has also hit a high of US$15.6 billion (RM47.2 billion) in 2010, mainly in the manufacturing sector with a total of 910 approved projects.
Aimed at turning Malaysia into a high-income nation status by 2020, the Government recently announced 12 New Key Economic Areas (NKEAs) under the 10th Malaysia Plan as drivers of economic activities. Among them, the Oil, Gas and Energy, Palm Oil, Electrical and Electronics, Education and Healthcare will certainly contribute to a greater demand for world-class laboratory facilities, especially since these sectors are forced to compete with other global producers to maintain a strong market share.
With pressures arising from rapid globalization, local Small and Medium Enterprises (SMEs), which used to depend mainly on foreign technologies in the past, are now setting up their in-house laboratories, to drive their research and development activities in an effort to produce new and innovative solutions that help them to stay ahead of the competition.
To further boost the demands for laboratory equipment, numerous incentives are given to these facilities. This includes an Income Tax Allowance of 50% of the qualifying capital expenditure incurred within ten years under the Promotion of Investments Act 1986. The company can also offset the allowance against 70% (100% for promoted areas) of its statutory income for each year of assessment, with its unutilized allowances carried forward to subsequent years until fully utilized.
Besides the Government’s own initiatives in R&D through its agencies such as MARDI (agriculture), SIRIM (standards), RRI (rubber), PORIM (palm oil) and FRIM (wood and forestry), a total of US$3.97 billion (RM12 billion) has been earmarked to boost R&D and commercialization of science and technology in four research universities: Universiti Sains Malaysia, Universiti Kebangsaan Malaysia, Universiti Malaya and Universiti Putra Malaysia
HighLight :
Physical Measurement Lab
Scientific Lab
Lifesciences Lab
Training Lab
Lab Automation
The Malaysian economy expanded by 7.2% in 2010 -- a clear sign that the country has emerged from the global economic crisis. According to the Central Bank of Malaysia, the country’s GDP is expected to grow in the region of 7% in 2011. The total Foreign Direct Investments (FDI) has also hit a high of US$15.6 billion (RM47.2 billion) in 2010, mainly in the manufacturing sector with a total of 910 approved projects.
Aimed at turning Malaysia into a high-income nation status by 2020, the Government recently announced 12 New Key Economic Areas (NKEAs) under the 10th Malaysia Plan as drivers of economic activities. Among them, the Oil, Gas and Energy, Palm Oil, Electrical and Electronics, Education and Healthcare will certainly contribute to a greater demand for world-class laboratory facilities, especially since these sectors are forced to compete with other global producers to maintain a strong market share.
With pressures arising from rapid globalization, local Small and Medium Enterprises (SMEs), which used to depend mainly on foreign technologies in the past, are now setting up their in-house laboratories, to drive their research and development activities in an effort to produce new and innovative solutions that help them to stay ahead of the competition.
To further boost the demands for laboratory equipment, numerous incentives are given to these facilities. This includes an Income Tax Allowance of 50% of the qualifying capital expenditure incurred within ten years under the Promotion of Investments Act 1986. The company can also offset the allowance against 70% (100% for promoted areas) of its statutory income for each year of assessment, with its unutilized allowances carried forward to subsequent years until fully utilized.
Besides the Government’s own initiatives in R&D through its agencies such as MARDI (agriculture), SIRIM (standards), RRI (rubber), PORIM (palm oil) and FRIM (wood and forestry), a total of US$3.97 billion (RM12 billion) has been earmarked to boost R&D and commercialization of science and technology in four research universities: Universiti Sains Malaysia, Universiti Kebangsaan Malaysia, Universiti Malaya and Universiti Putra Malaysia
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