WIPO Director General Daren Tang concluded a two-day official visit to Kuala Lumpur, Malaysia on September 24, 2025, where he attended the ASEAN Economic Ministers' (AEM) meeting, signed two Memoranda of Understanding (MoU) and met with senior government officials, as well as leaders from academia and business.
At the AEM–WIPO Consultation, Mr. Tang commended Malaysia’s forward-looking ambition to position IP as a key economic asset, highlighting its efforts to build robust IP-based financing and valuation frameworks. He noted that Malaysia’s success lies in its ability to translate IP into commercial impact, through strategic investment in research and development, early technology transfer, and a strong innovation ecosystem.
Other Kuala Lumpur Engagements:
- Held bilateral talks with Minister of Domestic Trade and Cost of Living Datuk Armizan bin Mohd Ali on Malaysia’s efforts to strengthen its IP ecosystem. Mr. Tang reaffirmed WIPO’s support to the country to position IP as a driver of innovation, commercialization, and inclusive economic growth.
- Signed an MoU with the Intellectual Property Corporation of Malaysia (MyIPO) to strengthen the country’s patent system through the WIPO Patent Drafting Program.
- Signed an MOU with the Malaysian Industrial Development Finance Berhad (MIDF), marking a pivotal step in advancing IP as a bankable asset class in Malaysia.
- Visited the Putra Science Park at the Universiti Putra Malaysia (UPM), as well as MyB Innovation, a company dedicated to the design and manufacturing of advanced prosthetic solutions. The visits showcased Malaysia’s innovation ecosystem, highlighting UPM’s high commercialization success and MyB’s IP-driven medical technology breakthroughs.