Property developer NCT Group inked two Memorandum of Understanding (MoUs) with Tunku Abdul Rahman University College (TAR UC) and VTAR Institute (VTAR) in support of initiatives to develop 4IR TVET Talentship and Internship programmes for students.
NCT Group co-founder and executive director Dato’ Yap Fook Choy said the initiatives will serve as opportunities for the group to expand and share their expertise in mentoring the young graduates and providing students with a real-life understanding of industry experience and expectations.
“We are focused on 4IR (Fourth Industrial Revolution) and TVET (Technical and Vocational Education and Training) 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.
An integral component of addressing future needs, 4IR represents disruptive transformation of industries through the application of emerging technology. It is characterized by new technology that integrates physical, digital, and biological worlds, impacting all disciplines, industries, and the economy.
TARUC president Prof. Ir Dr. Lee Sze Wei said the strategic collaboration with NCT would elevate the development of 4IR to greater heights in Malaysia and render students more insights into the industry.
“Overcoming real-life challenges and learning to tide through the adversities are part and parcel of what students have to commit to paving the road to success,’ he said.
VTAR chief executive officer Tan Cheng Liang said the institute looked forward to a fruitful collaboration with NCT Group to develop and groom young graduates for the future of work place.
“With industries evolving at a faster pace, there is a greater need to shape more resilient and ambitious students who are able to adapt to the changing business environment and most importantly, drive innovation to achieve the collective goal of an organization.
“The MoU 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.