Port donates RM1mil to university’s endowment fund

Md Derick (right) presenting a mock cheque for RM1mil to Prof Ahmad Fauzi.

Johor Port Bhd has contributed RM1mil to Universiti Teknologi Malaysia’s (UTM) endowment fund to help underprivileged students get an education.

UTM acting chancellor Prof Datuk Dr Ahmad Fauzi Ismail said with the latest contribution, the number of students receiving scholarships from the higher learning institution is expected to increase as well.

He said since 2013, the port has channelled RM6mil to UTM as part of a memorandum of agreement signed between the two parties.

Since the agreement signed on March 11,2013, the port had contributed RM5mil over a period of five years, he said.

“The port has since further extended the agreement, from Sept 4,2019 to Sept 3,2021, by pledging an additional RM3mil to our endowment fund, ” he said in his speech during a mock cheque presentation at UTM in Skudai, Johor Baru.

He said the RM1mil allocation had been added to UTM’s endowment fund of more than RM25mil – used to provide scholarships to 637 students and one-off financial aid to 250 students.

Besides that, the funds were also used for a free food programme benefitting 2,000 students and a monthly contribution of RM1,000 in sundry goods for its Almari Kasih Sayang programme to help less privileged students, he said.

Prof Ahmad Fauzi said the funds contributed by Johor Port had also led to scholarships of RM12,000 each to 19 students since 2014, amounting to RM912,000.

He believed that UTM would be able to offer scholarships to six more students with the latest contribution.

During the event, he also announced that the university had decided to name its marine technology centre as UTM-Johor Port Marine Technology Centre for a period of 10 years to show its appreciation to the port for its commitment.

Johor Port chief executive officer Md Derick Basir said in addition to the initial RM5mil committed, the port channelled RM1mil to UTM in 2019 under the extended agreement.

He said the port was expected to contribute the remaining RM1mil next year in efforts to help the university’s students.

“While 2020 has been filled with uncertainties and economic challenges, it has not stopped us from fulfilling our corporate social responsibilities and commitment towards education.

“Other than the endowment fund, we are also working with UTM to provide courses such as port management professional certification, logistics management professional certification and professional master’s degree in port management.

“Johor Port, with 40 years of experience in the industry, has been strengthening the education sector by providing operational and technical training at ports and universities not only locally but also in Vietnam, Indonesia and the Philippines, ” he added.

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