The budding apportion pronounced which a government will siphon RM2 million annually to a new Ainuddin Wahid Endowment Fund over a subsequent five years to unite Universiti Teknologi Malaysia (UTM) students posterior their doctorates.
"Five students each year... from a crme de la crme will be to be trustworthy for six months to a tip academic institution, possibly Oxford, Cambridge, MIT (Massachusetts Institute of Technology) or Imperial College," he said.
The budding apportion handed out RM15 million to Chinese schools on Sunday prior to announcing yesterday a tax-exempted preparation account run by corporate tycoons which will channel during slightest RM100 million a year from gambling profits to vernacular as well as mission schools.
Najib's administration department has grappled with a brain empty which a budding apportion says is a key factor which has kept Malaysia in a "middle-income trap."
Up to 1.5 million Malaysians have been living abroad with many carrying migrated after posterior further studies or to give their children entrance to better education.
His Economic Transformation Programme (ETP) aims to move Malaysia up a worth sequence as well as some-more than stand in a per capita income to RM48,000 by 2020.
The budding apportion was speaking during a launch of Tan Sri Ainuddinn Wahid's biography.
Ainuddin was appointed principal of a Kuala Lumpur Technical College in 1969 by Najib's father Tun Abdul Razak Hussein who was budding apportion during a time.
During his 20-year tenure, a college was upgraded to a National Institute of Technology in 1972 as well as then UTM in 1975.
Ainuddin remained as vice-chancellor of a university unt! il 1990.
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