Cradle Fund Showcases Malaysia As Startup Investment Hub At Expo 2020

Malaysia’s involvement at Dubai Expo 2020 goes beyond the conventional industrial and manufacturing products, under the hospice of MOSTI the event hall was also an avenue to showcase the country’s bustling startup scene.

In efforts to promote Malaysia as a Startup Investment Hub, Cradle Fund the hosting the Creating Tomorrow’s Sustainable Startups” themed showcase at the pavilion. This is to let prospective visitors to know of our thriving technology ecosystem from the perspective of policy makers, investors and homegrown leading startups. During the session Malaysia will unveil plans i making the country as a startup investment hub given that the opportunities and incentives available, strategic location, booming local ecosystem as well as world class communications and transport infrastructure.

Cradle will facilitate key players of the Malaysian startup ecosystem comprising 30 organisations and startup companies, who will be on hand to share the best of Malaysia’s innovation and technological breakthroughs as well as to promote global collaborations and strategic partnerships. 

Among the notable speakers presenting at the expo are Dr. Nagulendran Kangayatkarasu, Deputy Secretary General (Planning and STI Enculturation) of MOSTI; Rafiza Ghazali, Group CEO of Cradle; Cheryl Goh, Founding Chief Marketing Officer of GRAB and Professor Dr. Shuji Nakamura, 2014 Nobel Prize Winner in Physics.

During the event, MOSTI shared that there will be 7 MOU exchanges during Expo 2020 Dubai Week 2 estimated to bring a total amount of USD$295 million worth of investment.

Among the MOUs include between MYEG Services and China Academy of Information & Communications Technology, TechCapital Resources and Terrabit Consulting DWC-LLC, Shaheen Foodstuffs.

Commenting on the significance, Group CEO of Cradle, Rafiza Ghazali said, “Through Expo 2020 Dubai, we are looking for global opportunities for the local startup ecosystem”. This also amplify the sustainability agenda, as we need to ensure that we are creating value, impact and wealth in a positive and responsible manner.  

The Malaysia Pavilion is designed as a Rainforest Canopy. The various segments of the Pavilion house permanent displays and exhibits that reflect Malaysia’s unique and steadfast commitment to sustainable development. The Pavilion will host weekly thematic trade and business programmes which encompass over 10 industry verticals including education, youth & technopreneurship, trade, Industry 4.0 & smart manufacturing, science, technology and innovation, environment & water, sustainable agriculture & agricommodities, healthcare, tourism & culture, energy, e-commerce & ICT, halal industry and Islamic finance.

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