NCT Group inks MoU with TAR UC, VTAR to drive 4IR, TVET - MIDA | Malaysian Investment Development Authority
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NCT Group inks MoU with TAR UC, VTAR to drive 4IR, TVET

NCT Group inks MoU with TAR UC, VTAR to drive 4IR, TVET

01 Apr 2022

Property developer NCT Group of Companies (NCT Group) signed two memorandums of understanding (MoU) with tertiary institutions today to support initiatives to develop the Fourth Industrial Revolution (4IR) and a talent development and internship programme for students in technical and vocational education and training (TVET).

NCT Group co-founder and executive director Datuk Yap Fook Choy said this initiative would serve as an opportunity for the company to expand and share expertise with the young graduates, providing students with a real-life understanding of industry experience and expectations.

“We are focused on 4IR and TVET given its potential to improve the wellbeing of society by raising income levels, increasing societal cohesion, improving efficiency, providing convenience, safety and security, and better protecting and conserving limited natural resources.

“It presents new and promising opportunities for Malaysia to attain a high-income nation status by elevating our strengths and advancing our existing competitive edge for the betterment of the society,” he said in a statement today.

The MoU signing was initiated between NCT Group and two institutes, namely, Tunku Abdul Rahman University College (TAR UC) and VTAR Institute (VTAR) at TAR UC Main Campus and VTAR Institute in Kuala Lumpur.

Yap represented NCT Group, while TAR UC was represented by its president, professor Ir Dr Lee Sze Wei, and VTAR was represented by its chief executive officer Tan Cheng Liang.

The ceremony was also witnessed by TAR UC dean of the faculty of applied science associate professor Dr Loke Chui Fung and VTAR Institute chairman Datuk Yoo Wei How.

The MoU signing between NCT Group with TAR UC and VTAR is aimed to provide educational opportunities and industry experiences to the next generation

while fostering a competent workforce for the industry.

A real-life industry experience learning the platform is pivotal for students to form their cornerstone to future success.

Dr Lee said TAR UC and NCT Group had initiated this historic collaboration, which will elevate the development of 4IR to greater heights in Malaysia.

“Overcoming real-life challenges and learning to tide through the adversities is what students have to commit to paving the road to success,” he said.

NCT Group’s MoU between TAR UC and VTAR is aimed to exemplify the collaboration between a higher educational institution and a private corporate organisation to raise the bar for developing full-fledged students for the benefit of the nation

Tan looks forward to beginning this initiative with NCT Group to develop and groom young graduates for the future of the workplace.

“With industries evolving at a faster pace, there is a greater need to shape more resilient and ambitious students who can adapt to the changing business environment and, most importantly, drive innovation to achieve the collective goal of an organisation.

“The MoU today marks the first step towards creating a competent workforce and is a step in the right direction as we prepare future innovative leaders for Malaysia,” she said.

Source: NST