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Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, also the Rural and Regional Development Minister, has unveiled plans to synchronise the efforts of the National TVET Council and the National Entrepreneur Development Council in propelling the growth of the technopreneur sector in Malaysia. Emphasising his dual role as the chairman of both councils, Dr Ahmad Zahid underscored the significance of amalgamating knowledge and expertise from these two bodies to drive innovation and accelerate the nation’s economic advancement.
During his speech at the TVET@KKDW 2023 Technopreneur Awards ceremony, Dr Ahmad Zahid highlighted the transformative potential of a successful National Technopreneurial Agenda in generating job opportunities and fostering an ecosystem conducive to value creation for Malaysians. He stressed that a robust technopreneur culture is essential, especially in the context of Malaysia’s digital technology-based economy, which stands as one of the high-value strategic sectors for the country. The development of the technopreneur sector is envisioned to attract investments and create high-paying jobs, contributing significantly to economic growth and prosperity.
Dr Ahmad Zahid urged closer collaboration among TVET entrepreneur networks, institutions, and industries to harness synergy and facilitate the exchange of resources, knowledge, expertise, and experiences. Such collaboration, he noted, would open up more opportunities for entrepreneurs to establish competitive businesses, thereby driving innovation and economic growth.
Underscoring the significance of creating an environment where entrepreneurs can thrive, stakeholders were urged to work together in fostering a conducive ecosystem that supports technopreneurial ventures. This collaborative effort is essential for driving innovation, creating job opportunities, and advancing economic growth in the digital era.
Furthermore, he called upon TVET institutions across Malaysia to prioritise the upskilling and reskilling of teachers in the technopreneurial field. He highlighted the need for teachers to enhance their expertise through relevant courses and programs to effectively prepare the next generation of technopreneurs. Additionally, he challenged teachers to embrace technopreneurship themselves, serving as role models to inspire future generations.
Ahmad Zahid reiterated the government’s commitment to fostering the growth of the technopreneur sector as a key driver of Malaysia’s economic development. By aligning the efforts of the National TVET Council and the National Entrepreneur Development Council and empowering stakeholders at all levels, Malaysia aims to create a thriving ecosystem for technopreneurship, driving innovation, economic growth, and prosperity for the nation.
Malaysia is actively fostering an environment that nurtures innovation and entrepreneurship to propel its digital economy forward. With concerted efforts from government bodies and industry stakeholders, there’s a growing emphasis on creating a conducive ecosystem that supports technopreneurial ventures. By encouraging collaboration and providing resources for upskilling and reskilling, Malaysia aims to cultivate a pool of skilled technopreneurs who can drive innovation, create employment opportunities, and contribute to the country’s economic growth in the digital age.
OpenGov Asia reported on the Deputy Prime Minister’s plans to enhance collaboration between Malaysian technical and vocational education and training (TVET) institutions and industry players by inviting representatives from German companies to join the National TVET Council.
This initiative aims to facilitate the exchange of knowledge and technology, fostering a dynamic learning environment that meets industry demands. Dr Ahmad Zahid, also the chairman of the National TVET Council, disclosed that German industry players are eager to share their expertise and technology with Malaysian TVET institutions.
During his visit to Berlin, he extended invitations to the German Chamber of Commerce in Malaysia to nominate a representative for the council, with a CEO from a leading German company expected to join. Additionally, foreign companies affiliated with the council will have the opportunity to enter agreements to employ TVET graduates, offering them competitive salaries.
Last year witnessed over 238 collaborations between private companies, government-linked companies (GLCs), and government-linked investment companies (GLICs) with TVET institutions, signalling a growing synergy between industry and education sectors.