Malaysia’s success in securing a Memorandum of Understanding (MoU) worth RM19.84 billion with China this year is clear evidence that the government has taken the right approach in seeking investment opportunities that benefit the country. This agreement reflects the government’s efforts to advance the nation’s economy through foreign investments that have the potential to bring significant economic growth. By attracting such investments, Malaysia not only can expand its economic sectors but also open doors to job opportunities and beneficial technological advancements in the long term. This is a positive step towards the prosperity and development of the country.
The cooperation agreement signed during Prime Minister Datuk Seri Anwar Ibrahim’s visit to Nanning has had a positive impact on Malaysia in terms of expertise and technology in the Technical and Vocational Education and Training (TVET) program.
Furthermore, the Prime Minister stated that Chinese companies have a very positive view of Malaysian professionals, engineers, technicians, and information technology (IT) experts, especially in terms of their performance, dedication, and discipline.
In discussions with Chinese companies such as China Communications Construction Company (CCCC), which has been involved in the development of the East Coast Rail Link (ECRL) project, Geely, and Huawei, Malaysia has emphasized the crucial requirement to enhance research efforts in Malaysia and conduct specialized training for Malaysian youth. This step underscores Malaysia’s commitment to maximizing the benefits of its collaboration with prestigious companies like CCCC, Geely, and Huawei. By bolstering research efforts in Malaysia, the country can strengthen its local expertise and provide opportunities for Malaysians to engage in cutting-edge technological innovations. Additionally, specialized training programs will help prepare the younger generation of Malaysia with relevant skills, enabling them to compete on a global scale.
FutureEdge College is dedicated to producing human capital aligned with industry needs and successful technopreneurs in line with the country’s requirements. In line with this, FutureEdge also strengthens the TVET ecosystem and industry networks to achieve the nation’s goal of attaining developed country status by 2030.
Image courtesy from BERNAMA