Page 143 - Malaysia Baharu 2018

elopment and provision of training programs in Polytechnics and 6 | MALAYSIAN ECONOMY
Community Colleges (RM206 million).
Introduce Technical and Vocational Education and Training (TVET)
Contestable Fund (RM30 million).

~ To encourage public training institutions to bid for funds to run competitive

programs with assured job placements for the graduates.

~ Additional (RM20 million) to raise youth competencies via TVET Bootcamps.

The Government will allocate (RM400 million) to public institutions of higher
learning (IPTA) for research activities.

~ Includes (RM30 million) for matching grants via the Malaysia Partnerships and

Alliances in Research (MyPAIR) program to promote collaborations between
IPTAs with local industries and international agencies in strategic areas.
Continue to provide scholarships and loans to all Malaysians via various
Ministries and Agencies (RM3.8 billion).

~ Such as MARA, the Public Services Department and the Ministry of Health.
~ Of this amount (RM2 billion) is allocated to provide scholarships for Bumiputera

under MARA.
The Government will allocate (RM17.5 million) to the Malaysia Professional
Accountancy Centre (MyPAC).

~ To produce 600 qualified Bumiputera accountants.

The Government will allocate (RM210 million) as part of Bumiputera
Empowerment Agenda.

~ To strengthen education and human capital development programs via “Program

Peneraju Tunas, Program Peneraju Skil dan Program Peneraju Profesional”
which will be managed by Yayasan Peneraju Pendidikan Bumiputera.

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