السَّلاَمُ عَلَيْكُمْ وَرَحْمَةُ اللهِ وَبَرَكَاتُه
Greetings from all of us at TDA!
The second and third quarters of 2018 have been a busy period for us with the country’s historical General Election (GE14) and the change of government. TDA being a government agency will give our support to the government of the day as it is the choice of people.
Technology Depository Agency (TDA) was incorporated in March 2015 under the Ministry of Finance Malaysia. TDA is mandated to enhance development of local human capital, knowledge and technology transfer, and strengthening of the private sector through Industrial Collaboration Program (ICP) implementation. ICP creates additional economic value from the country’s extensive procurement activities. TDA has been responsible for the initiation and development of, or direct investment in key sectors including manufacturing industry and the most recent, renewable energy.
TDA’s work is in line with the Eleventh Malaysia Plan, particularly through transfer of technology and technical know-how and giving young Malaysians the necessary skills and knowledge for future success. At its core, ICP’s concept (also known as offset) is about helping to build a knowledge-led economy as technologies changes and as more procurement is made. Malaysia has been the best in the region at employing ICP strategy to build local industries and capability.
As at July 2018, TDA manages 89 ICP programs and 423 ICP projects with total procurement value of RM75.9 billion and RM34.1 billion of total delivered ICP credit value (ICV). This benefited 734 registered local companies as ICP recipients with railway being the biggest industry at 69.17% followed by civil at 20.44%.
TDA strives to enhance the ICP implementation to achieve comprehensive and sustainable economic development in Malaysia and the quest for new development projects to serve different sectors in the country through collaboration with major foreign companies and beneficiaries, which will undoubtedly boost economic development.
We have just celebrated our 61st Independence Day on 31 August 2018 with the theme “Sayangi Malaysiaku” (Love Our Malaysia). There would probably be only few amongst us who were born before 31 August 1957 and fewer, who participated in the freedom struggle. The battle for freedom was perilous and agonizing but involved a complicated web of planning, determination and hard work – they perhaps paid the price that came to achievement in the form of our freedom, celebrated by all today.
As we commemorate our 61st Merdeka Anniversary, let us forgo everything that restricts our freedom to choose what is best to enable us to progress and prosper. In the spirit of Merdeka, begin to free our minds, strengthen our will and stride forward on a properly planned path of opportunities that our Nation has made available. Despise all forms of divisiveness and rededicate ourselves to work together for our own success, for all our people and for the Nation, in a truly free, democratic and independent Malaysia, just as our founding fathers envisioned!
Apart of the 61stMerdeka Anniversary, the Muslim’s new year anniversary (1440 Hijrah) is in the corner. The yearly commemoration of Hijrah is not only to remind us about the migration of the Prophet from Makkah to Medinah, it is also to remind us of the struggle to embrace changes for the better. It is a continuous struggle that one has to face in this life to move to the next level for the betterment. From one viewpoint, the struggle does not necessarily mean dark and ugly challenges, it could also mean sweet and rewarding experiences. It is just how one would like to define and ponder at it.
In TDA, we clinch to the motto that is ‘we Trigger, we Develop, we Achieve’. ISO 9001:2015 which TDA is certified with, suggests that we need to continuously improve ourselves for the better. Therefore, to ensure we walk the talk on the motto, we have to be ready to make Hijrah from the standpoints of personal doings as well as at the organizational level.
We pray to the Al Mighty to guide us on the right path.
At TDA, we TRIGGER, we DEVELOP and we ACHIEVE.