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Budget 2015: Developing Youth Transformational Programme

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Youth are not only the hope of the nation, not just an asset or even a partner in national development, but more valuable than all of the above.

Therefore, the Government recognises the role of youth in becoming future leaders and upholding the responsibility of further developing and prospering our beloved nation.

The Government also aims to provide a comprehensive ecosystem for youth to increase their capabilities and progress in work, business and entrepreneurship as well as enjoy housing, recreational and sports facilities.

For this, the Government will establish 1Malaysia Youth City with an allocation of RM100 million to fund three pilot projects in the Peninsula, Sabah and

When we review the needs of youth, home ownership appears to be a big issue especially cost of houses and financing. Recognising this problem, I’m glad to announce the Youth Housing Scheme which is a smart partnership between the Government, Bank Simpanan Nasional, Employees Provident Fund and Cagamas.

In order to achieve this aspiration, the Government will launch the National Youth Transformation Programme. To successfully implement the youth programmes, a sum of RM320 million is allocated as follows:

First: Review the existing National Service Training Programme or PLKN, and introduce a new concept that incorporate skills requirement and patriotism
which will be introduced shortly;

Second: Improve the Rakan Muda programme and introduce Unity Camp programme;

Third: Strengthen youth leadership through Youth Leadership Academy programme to hone leadership skills among Malaysian youth;

Fourth: Intensify youth volunteerism programmes through 1M4U and introduce MyCorp programme. The MyCorp programme involves welfare and socio-economic
volunteer activities for youth at the international level with an allocation of RM10 million;

Fifth: Enhance entrepreneurial talent among the youth through the programmes under Malaysian Global Innovation & Creativity Centre (MaGIC), SME Bank and
Agro Bank as well as introduce Online Resource Centre and organise an international social entrepreneurship conference;

Sixth: Implement the Youth Agropreneur Programme under the purview of FAMA involving 1,200 youth and targeting a monthly income exceeding RM5,000; and

Seventh: Increase the capacity and skills of youth through National Youth Vocational Institute (IKBN) Transformation and Coding Bootcamp programmes as
well as PADU programme (Projek Angkat Dan Upaya).- Bernama



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