NCT Group Seals MoU with OUM to Drive 4IR at the Workplace

 With the global rise in technology-fuelled growth, renowned property developer NCT Group of Companies (NCT Group) continues to drive the evolution of the next generation workplace through more 4.0 Industrial Revolution (4IR) and Technical and Vocational Education and Training (TVET) initiatives. 

In this regard, the NCT Group has inked its latest memorandum of understanding (MoU) with Open University Malaysia (OUM), following earlier MOUs with Tunku Abdul Rahman University College (TAR UC) and VTAR Institute (VTAR). 

The MoUs with tertiary institutions are set to play a role in shaping the local workforce in tandem with the changing workplace landscape where 4IR will see the utilisation of smart technology and enhanced efficiency to enable greater productivity and higher income levels. By unlocking opportunities to hone skillsets and capabilities, these initiatives will ensure that graduates are better prepared for the 4IR workplace. 

Dato’ Sri Yap Ngan Choy, the Founder and Group Managing Director of the NCT Group of Companies, said that 4IR will be a core contributor to the country’s digital economy. “Our continued investment in 4IR-based initiatives via collaborations with tertiary facilities will allow us to share relevant industry experience with young graduates by providing real-life understanding of industry experience and expectations. This time around, we are pleased to collaborate with OUM to support the transformation of their students to better meet the needs of a 4IR workplace. 

“Given the rapidly-changing business landscape, it is important for students to become more highly skilled by understanding new techniques and smart systems that will sustainably integrate organisations and people as we become a high-income nation.”

The signing ceremony took place between Dato’ Sri Yap Ngan Choy and Group Chief Executive Officer of Multimedia Technology Enhancement Operations Sdn. Bhd (METEOR), Muhammad Afiq Bin Redzuan. It was witnessed by Dato’ Yap Fook Choy of NCT and Muhammad Nurhadi Zainol, Group Chief Commercial Officer of METEOR Sdn. Bhd, which is OUM’s holding company.

“We commend the NCT Group for stepping forward to provide opportunities for our students. The time has come to start preparing students for 4IR so that they can acquire more defined skills and meet the new demands and challenges of the ever-changing workplace. Through this collaboration, we aim to strengthen our learners’ foundation of competencies and make them even more future-ready,” said Afiq.

An integral component of addressing future needs, 4IR represents disruptive transformation of industries through the application of emerging technology. It is characterised by new technology that integrates the physical, digital, and biological worlds, which will have an impact on all disciplines, industries, and the economy.