Anwar announces RM200mil boost for TVET programmes

Free Malaysia Today

The prime minister says the extra funding targeting 13,000 youths will be made available through the Skills Development Fund Corporation.   Read More:  https://www.freemalaysiatoday.com/category/nation/2024/06/08/anwar-announces-rm200mil-boost-for-tvet-programmes/  Laporan Lanjut:  https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/06/08/pm-umum-tambahan-rm200-juta-untuk-tvet/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #AnwarIbrahim #TVET #Funds

Transcript

00:00 "The government will spend an additional 200 million ringgit on technical and vocational

00:06 education and training programs, which is expected to reach 13,000 youths," Prime

00:11 Minister Anwar Ibrahim said.

00:14 He said the funding will be channeled through the Skills Development Fund Corporation to

00:18 finance students wanting to pursue studies in the areas of energy transition, technology

00:22 and digital, high-value electrical and electronics, agriculture and rare earth elements.

00:29 He added that the fields involved include electric vehicles, cybersecurity, artificial

00:34 intelligence, advanced materials, electronic technology, farm mechanization, and agricultural

00:40 and livestock automation.

00:42 He said funding in these fields will encourage TVET institutions to develop training programs

00:47 in line with the National Energy Transition Roadmap and the new Industrial Master Plan

00:51 2030.

00:52 Meanwhile, regarding subsidies, Anwar said a targeted subsidy does not mean cancelling

00:57 the subsidy for good.

01:00 He said diesel subsidies will be given to the poor, while the rich will not be eligible,

01:03 adding that around 4 billion ringgit would be saved annually with targeted diesel subsidies.

01:08 (upbeat music)

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