KUALA LUMPUR: The Malaysian government and the Royal Institution of Surveyors Malaysia (RISM) are joining forces to formally create a mutually beneficial collaboration in the fields of research, training, education and data information in relation to real estate.

Represented by the Department of Valuation and Property Services, Ministry of Finance Malaysia (JPPH), it will be signing a memorandum of understanding with RISM on Oct 2.

The collaboration will cover several endeavours, according to a press release from RISM. It will include the planning, developing, conducting and participating in research, training, education and data information programmes.

This is to facilitate the exchange of information, publications, research, training, education and other materials of mutual interest, the release said.

The collaboration is also to organise national or international conferences.as well as to plan and conduct any other forms of cooperation which are to be arranged jointly by the parties and any other programmes mutually agreed by the parties.