Chang: Govt targets higher R&D, focus on AI and semiconductors

Malaysia’s investment in research and development (R&D) remains low at around 1% of GDP, equivalent to RM18.16bil, according to Science, Technology and Innovation Minister Chang Lih Kang.<br /><br />During his winding up on the Supply Bill 2026 on Monday (Nov 3), he said the government aims to raise R&D spending to 3.5% of GDP by 2030, focusing on tech startups and high-impact sectors such as semiconductors, E&E, and artificial intelligence.<br /><br />Chang also stressed the need to boost private sector R&D spending, though the government has no plans to make company R&D investment mandatory.<br /><br />Read more at https://tinyurl.com/4xc2rvb5<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline