Ministry to propose entrepreneurship aid

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KUCHING: The Ministry of Entrepreneur Development and Cooperatives (Medac) will propose to the federal cabinet at the end of this month to give assistance to youth doing business.

Its minister Datuk Seri Wan Junaidi Tuanku Jaafar said the ministry has discussed with the Ministry of Higher Education (Mohe) and Ministry of Youth and Sports (KBS) the issue of unemployment among fresh graduates.

“We are aware that there are about 300,000 fresh graduates every year and only half of them would be employed while the other half is not.

“Thus, Medac wants to guide and groom these potential youth from every corner of the country because we have the resources such as training centres, guidance, monitoring, etc.

“Therefore, the three ministries had agreed in principle over this idea and we are currently preparing a proposal to be brought it to the Cabinet at the end of this month,” he told reporters after visiting Rampangi Permanent Food Production Park or Taman Kekal Pengeluaran Makanan (TKPM) yesterday (June 13).

He also said that he would further discuss with the Ministry of Agriculture and Food Industries (Moa) plans to groom youth to venture into agriculture industry.

He added that the technical committee led by Medac secretary general Datuk Seri Mohammad Mentek was currently preparing the list of potential youth involved in entrepreneurship.

“The proposed assistance will cover not only the training scheme but also financial resources such as grant loans and so on.

“However, the government cannot give grants forever, so everyone involved in entrepreneurship need to upgrade themselves and help develop the agricultural sector,” he said.

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