Research universities obtain billions from investments

Investments amounting to MYR5.58 billion (US$1.3 billion) by the government in five research universities in the country from 2007 until 2015 generated returns of MYR7.17 billion, reports Bernama.

According to Higher Education Minister Datuk Seri Idris Jusoh, the returns were from investments in various aspects including book publication, training and consultancy. "The success has prompted renowned world universities to collaborate with local universities in various fields of research … It also enables research and studies by local universities to be used as the source of reference by foreign universities," he said in an interview on Bernama News Channel ‘Ruang Bicara’ last week.

The five local public universities with the research university status are Universiti Malaya, Universiti Kebangsaan Malaysia, Universiti Sains Malaysia, Universiti Putra Malaysia and Universiti Teknologi Malaysia. Idris said besides enhancing the reputation of the country's higher education institutions at international level, it also attracted foreigners to pursue studies as well as foreign lecturers to work in universities in Malaysia.
Full report on the Bernama site