Miti allots RM4.85mil to Penang Skills Development Centre

  • Business
  • Tuesday, 25 Apr 2017

A section of the crowd at the Connected Communities and Internet of Things (loT): Building Value Through Visibility Seminar and Exhibition at PSDC on 30/10/14.

GEORGE TOWN: The International Trade and Industry Ministry (Miti), through the Malaysian Investment Development Authority, has allocated RM4.85mil to the Penang Skills Development Centre (PSDC) for the development of the electrical and electronics (E & E), medical and aerospace ecosystem.

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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