The ICT industry plays a very important role in the national economic development of many nations particularly towards a knowledge-based economy.  More importantly in establishing this knowledge-based economy, ICT companies in the industry must create Intellectual Property, or IP of their own.  This was according to the Chief Executive of Authority for Info-Communications Technology Industry of Brunei Darussalam, AITI, at the Brunei Darussalam-Malaysia ICT Business Collaboration.  It was held Monday at the Rizqun Hotel International.

Pengiran Haji Mohd. Zain bin Pengiran Haji Abdul Razak said a country’s success in the future is neither measured by its geographical size nor its rich natural resources but by the number of IPs that it has patented.  For Brunei Darussalam, ICT products and services development is still in its infancy stage with many young ICT companies and new start-ups.  

AITI will host a two day event for the Multimedia Development Corporation, Malaysia.  During the event, a business matching session will follow suit between more than 20 ICT Businesses in Brunei Darussalam and approximately 20 companies from Malaysia.  The business matching sessions aim to establish long term business ties between Brunei’s and Malaysia’s ICT players.  More than 100 guests were invited, including Heads of Government and Corporate Agencies, Heads of ICT Businesses and ICT Education providers.  AITI hopes that this collaboration will initiate similar events in the near future to fulfill the demand of the ICT industry in Brunei by engaging experts to share their experience and expertise in developing further ICT products, solutions and services.

Source: Brunei.gov.bn
Date: July 29, 2008.