Youth are not only the hope of the nation, not just an asset or even aÂ partner in national development, but more valuable than all of the above.
Therefore, the Government recognises the role of youth in becoming futureÂ leaders and upholding the responsibility of further developing and prosperingÂ our beloved nation.
The Government also aims to provide a comprehensive ecosystem for youthÂ to increase their capabilities and progress in work, business andÂ entrepreneurship as well as enjoy housing, recreational and sports facilities.
For this, the Government will establish 1Malaysia Youth City with an allocationÂ 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 bigÂ issue especially cost of houses and financing. Recognising this problem, Iâ€™mÂ glad to announce the Youth Housing Scheme which is a smart partnership betweenÂ the Government, Bank Simpanan Nasional, Employees Provident Fund and Cagamas.
In order to achieve this aspiration, the Government will launch theÂ National Youth Transformation Programme. To successfully implement the youthÂ programmes, a sum of RM320 million is allocated as follows:
First: Review the existing National Service Training Programme or PLKN, andÂ 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 toÂ hone leadership skills among Malaysian youth;
Fourth: Intensify youth volunteerism programmes through 1M4U and introduceÂ MyCorp programme. The MyCorp programme involves welfare and socio-economic
volunteer activities for youth at the international level with an allocation ofÂ RM10 million;
Fifth: Enhance entrepreneurial talent among the youth through the programmesÂ under Malaysian Global Innovation & Creativity Centre (MaGIC), SME Bank and
Agro Bank as well as introduce Online Resource Centre and organise anÂ international social entrepreneurship conference;
Sixth: Implement the Youth Agropreneur Programme under the purview of FAMAÂ involving 1,200 youth and targeting a monthly income exceeding RM5,000; and
Seventh: Increase the capacity and skills of youth through National YouthÂ Vocational Institute (IKBN) Transformation and Coding Bootcamp programmes as
well as PADU programme (Projek Angkat Dan Upaya).- Bernama