FOR IMMEDIATE RELEASE
We Are Innovation and Bait Al Amanah Team Up: Innovation Without Borders Comes to Malaysia
Lisbon, Portugal (October 16, 2024). We Are Innovation is excited to announce its newly established partnership with Bait Al Amanah (House of Trust), a Malaysian independent research institute.
Through this partnership, We Are Innovation and Bait Al Amanah hope to contribute to the improvement of policies and promotion of innovation in Malaysia and in the region of Southeast Asia. With nearly 700 million inhabitants, this region is one of the most populous in the world, it encompasses emerging economies, facing growing entrepreneurship, and attracting significant investments.
Malaysia takes 33rd ranking in the Global Innovation Index 2024, being the second most innovative country from Southeast Asia. With the launching of the National Fourth Industrial Revolution (4IR) in 2021, Malaysia is focused on increasing productivity, improving digital infrastructure, enhancing digital skills, and promoting innovation, standing as a key place to explore a brighter, more creative, and more prosperous future. The capital, Kuala Lumpur, in turn, is an industrial hub going through its Smart City Master Plan 2021-2025, which aims for a smarter economy, living, environment, people, governance, mobility, and digital infrastructure.
Benedict Weerasena, Research Director of Bait Al Amanah, shares his optimism about the collaboration, stating, “Our partnership with We Are Innovation marks an exciting chapter for Bait Al Amanah. By combining our research-driven approach with We Are Innovation’s expertise in technological advancements, we aim to create impactful solutions that address both national and global challenges. As Southeast Asia continues to rise as an emerging global powerhouse, this partnership positions us to leverage the region’s growing influence. Together, we believe we can drive transformative progress that benefits Malaysia, the wider region, and beyond, ensuring Southeast Asia plays a key role in shaping the future of global development through innovation.”
WAI’s Chief Operations Officer, Tetiana Rak, is also confident about the partnership’s potential, “Southeast Asia is a strategically important milestone of We Are Innovation growth. We are happy to put our first footprint there — the region has lots to offer and lots of things to work on and improve. We believe that this partnership will be long-lasting and foster the cross-continental dialogue.”
We Are Innovation celebrates the addition of Bait Al Amanah, our 48th partner, recognizing their remarkable work in advancing Malaysia’s potential.
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ABOUT BAIT AL AMANAH
Founded in 2015, Bait Al Amanah (House of Trust) is an independent think tank based in Kuala Lumpur that is responsible for researching and providing valuable and in-depth insight regarding international relations, economics, security, and issues of national importance. They focus on sound, independent, multidisciplinary research and analysis to help improve policy and decision-making. They have four research divisions, namely Foreign Affairs & International Security, Economics & Public Policy, Social Policy & Human Rights, and Sustainability Impact. Bait Al Amanah also provides consultancy services focused on four key areas, which are Geopolitical, Strategic, and Security Advisory; Political and Economic Risk Consulting; Leadership & Education Consulting; and Social Development and Sustainability Consulting. As a member of the United Nations Global Compact Network Malaysia and Brunei (UNGCMYB), they are committed to upholding the 10 Principles of UNGC and the 17 Sustainable Development Goals (SDG). Learn more at https://www.baitalamanah.com/
ABOUT WE ARE INNOVATION
We Are Innovation is a dynamic network of individuals and institutions who deeply believe in innovation’s power to drive progress and solve the world’s most pressing problems. With over 45 think tanks, foundations, and NGOs based worldwide, We Are Innovation represents the diverse voices of a global civil society committed to advancing human creativity, adopting new technologies, and promoting innovative solutions. Through our collaborative approach and cutting-edge expertise, we are driving global transformative change. To learn more about our work, visit us at https://weareinnovation.global/.
