About Futurise

Accelerating the National Regulatory Sandbox

Futurise is a company (a subsidiary of Cyberview Sdn Bhd), under the Ministry of Finance Malaysia that focuses on innovation, regulation and commercialisation. The company has been mandated by the Malaysian government through the National Development Council (NPC/MPN) to lead the National Regulatory Sandbox (NRS) initiative that aims to expedite regulatory intervention, deploy innovation and technology solutions, and establish new innovation ecosystems. This encourages further development, promotes and accelerates collaborations among entrepreneurs, corporations, regulators and the government. Which helps to assist industries and government in the aspect of Future Economy to increase Malaysia’s overall competitiveness through innovation-driven and adaptive policy-making.

Mandate

Pioneer in Future Innovation

“The Futurise Centre will act as a pioneer in future innovation in Malaysia which will involve corporate players, higher learning institutes, entrepreneurs working together ”

Launch of Cyberjaya Smart City on 31 May 2017

One-Stop Centre

“Futurise Centre in Cyberjaya will be strengthened as a one-stop centre for corporate companies and universities to develop prototype products and elevate innovation ”

Excerpt from the 2018’s Budget Speech by former Prime Minister of Malaysia

Adaptive Policy Making

“Futurise through National Regulatory Sandbox enables innovation and adaptive policy making to accelerate lab-to-market adaption for local technology solution ”

Excerpt from the Cyberjaya Infra Conference and Exhibition 2019 By YB Gobind Singh Deo, Minister of Communication & Multimedia

Ease of Doing Business

“To boost innovation, Futurise, a company under MOF, will intensify the National Regulatory Sandbox initiative by conducting industry studies and recommend measures to expedite innovation in society and ease of doing business ”

Tengku Zafrul Aziz, Minister of Finance Malaysia, at the tabling of Budget 2022

Mission

Public policy advisor for industry & government, as well as leader for National Regulatory Sandbox (NRS) initiative for industry, society, and government in the aspect of Future Economy to increase Malaysia’s overall competitiveness through innovation driven and adaptive policy making