Datuk Seri Wan Junaidi Tuanku Jaafar

SIBU: The federal government is looking to transform the cooperatives sector nationwide by introducing various approaches such as converting cooperatives institutes into universities.

Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar said while the suggestion might not be as straightforward in terms of implementation, it would enhance the training capabilities in the industry.

“If the institutes are converted into universities, this means that we have the capacity to train. We are planning to have a campus in Kuching if this happens and I think that we are capable to do it in the near future,” he said when met by reporters after officiating at a dialogue session with entrepreneurs here on Wednesday (Sept 16).

Asked how soon a cooperatives university would materialise, the Santubong MP said it would depend on the decision by the Cabinet.

A section of the entrepreneurs at dialogue session.

“There are certain rules that we have to abide to in terms of elevating the status of an institute to a university by the Education Ministry. There is some coordination that needs to be done first.

“But for the time being, let me keep it to myself and we will see the Cabinet decision on whether it will be approved or otherwise,” he said.

Wan Junaidi likened the proposal to the setting up of Unikop College which is owned by the Royal Malaysia Police Cooperation, offering diploma in law enforcement.

“When I look at Unikop as an institution, it is already making profits and it is no longer a small institution. There aren’t as many police personnel compared to entrepreneurs, that is why I see the cooperatives as having a huge potential.

“So, when the time comes, we will announce (the setting up of a cooperatives university),” he said.