Yayasan Peneraju Launches YPXLR8, Targets 1,000 Bumiputera In Tech Careers
KUALA LUMPUR, May 15 (Bernama) -- Yayasan Peneraju (YP) today launched its latest strategic initiative, YPXLR8 (YP Accelerate), which targets the participation of 1,000 Bumiputera individuals in technology-based careers.
According to YP, the programme provided an opportunity for those working in non-technology sectors to switch careers through a place-and-train approach to meet the country's demand for a skilled digital workforce.
'Each selected participant will receive financial support of RM1,500 per month for eight months throughout the programme. They will also receive a one-off training credit of RM9,000 to ensure they receive the necessary training,' YP said in a statement today.
Economy Minister Datuk Seri Mohd Rafizi Ramli, in the same statement, said YPXLR8 was a proactive measure to empower Bumiputera talent and support national policies such as the Malaysia Digital Economy Plan and the Fourth Industrial Revolution (4IR) policy.
He said that the launch of YPXLR8 was timely, as digital transformation had become the key driver of change in the global job market.
'If we want Malaysia to keep progressing in adopting AI innovations, the Bumiputera workforce must be equipped with the latest technology skills to meet market demands and remain competitive,' said Rafizi.
Meanwhile, YP chief executive officer Ibrahim Sani said the programme created opportunities for Bumiputeras without a technology background to enter the digital economy through industry training and employment.
'Participants will undergo industry-relevant training through at least eight months of employment with a host company or in a permanent role, where they can develop essential skills through mentorship and hands-on experience,' he said in the same statement.
YP is currently identifying industry partners across various sectors to serve as host companies, offering job and training opportunities to participants in fields such as digital analytics, cybersecurity, business intelligence, and related areas.
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