Tan Sri Liew Yun Fah is new Technology Depository Agency Chairman

Tan Sri Datuk Liew Yun Fah has been appointed as the new Chairman of Technology Depository Agency Bhd (TDA), effective June 15.

TDA said the appointment comes as the agency enters its second decade of service, focusing on advancing Malaysia’s technology capability development and strategic procurement ecosystem. 

Liew’s experience in public leadership and strategic governance is expected to support TDA’s efforts in ensuring Government procurement delivers sustainable economic, technological and industrial value. 

The agency is entrusted by the Ministry of Finance to implement the Industrial Collaboration Program (ICP) and lead the operationalisation of the Performance Based Contract (PBC) initiative. 

Established in 2015, TDA has grown into a national institution that bridges Government policy with industry implementation. It is mandated to oversee the implementation of ICP under Treasury Circular PP/PK 1.7 and serves as Malaysia’s Centre of Reference for PBC under Treasury Circular PP/PK 1.8. 

It supports ministries, Government agencies, Government-linked companies and strategic industries in maximising the value derived from Government procurement.

New leadership to drive TDA forward

Welcoming his appointment, Liew expressed his appreciation for the confidence placed in him to lead the agency into its next phase of growth.

“I am honoured to be entrusted with the responsibility of serving as Chairman of TDA. Over the past decade, TDA has established a strong foundation and earned the trust of Government, industry and strategic stakeholders. 

“I look forward to working closely with the Board, Management and all stakeholders to further advance the agency’s contribution towards Malaysia’s technological and industrial development,” he said.

TDA will continue enhancing ICP implementation, expanding PBC adoption, developing technology capabilities, accelerating innovation and fostering greater collaboration among Government, industry and academia. 

The agency said it remains committed to its vision of becoming the preferred partner for strategic collaborations and its mission of optimising collaborative platforms that maximise returns for stakeholders.

Under Liew’s leadership, TDA will continue its efforts to enhance industrial competitiveness, support national resilience and contribute towards Malaysia’s aspiration of becoming a high-income, innovation-driven nation.