Its minister Datuk Seri Mustapa Mohamed said the cash injection could help woo and encourage investors and industry players to invest in the local manufacturing and service industries.
“As an industrial skills training organisation, PSDC can move industry players in transforming the field of manufacturing and services in a more efficient manner by focusing on the new technology concept, investment costs for heavy machinery, and meeting the labour market,” he told a press conference in George Town on Tuesday.
Earlier, Mustapa launched the PSDC’s Precision Machining and Industry 4.0 Skills Centre and attended a dialogue session along with PSDC panel members on the direction of the centre of skills excellence.
Mustapa said the PSDC also played a role in helping graduates who wanted to venture into the manufacturing and service industries in order to create more jobs.
What is more important, the Industry 4.0 concept could benefit industries in various states, especially Penang, the Klang Valley and Johor besides becoming a driving force for government policies, he said.
At the event, nine companies presented donations and scholarships as well as new equipment worth more than RM2.6mil to the PSDC. - Bernama
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