PENANG, with its limited resources, depends purely on human capital to embrace the Industry 4.0 revolution.
Chief Minister Chow Kon Yeow said the state banks on human capital for growth and young talents should be in the forefront as a driving force.
“As such, all graduates who leave to study in local or foreign universities should return and pour in their abilities to help the state achieve Penang 2030, ” said Chow, in his speech during the presentation of financial aid to students selected for higher education in public and private institutions 2019 at Dewan Milenium in Kepala Batas.
Penang 2030 is the state’s vision to becoming a smart, family-focused state by 2030.
“Students need to have additional skills and there should be a total transformation in the new era of employment.
“Skills in niche areas will help students to be better prepared to ‘market’ themselves as a ‘package’ deal on completion of their studies.
Chow said the state recognised the importance of such skills and introduced various programmes and centres such as STEM (Science, Technology, Engineering and Mathematics), Penang Skills Development Centre, Penang Science Cluster, Tech Dome Penang and Penang Digital Library.
A total of 443 students received the state’s financial aid amounting to RM337,330.
Each student in local universities received RM1,000, and those going to Sabah or Sarawak got RM1,200 while
polytechnic students, RM300.