He stressed the importance of synergy between universities, industry players and the private sector, especially in developing the semiconductor industry as well as the related ecosystems, in line with Penang’s position as a semiconductor hub in the region.

Anwar said this was necessary as the country urgently needs sufficient qualified engineers in high-tech industries, including the integrated circuit design industry.

“Universities must give the necessary space for the industry to come in. We can make the necessary adjustments as time goes by but the best way to educate, train, upscale and rescale is to ensure there is synergy and working collaboration between the industries and the institutions of higher education.

“It is important for the mission of education to ensure that this happens at a fast pace and the preparedness to adjust,” he said at the launch of the Penang Silicon Design @5km+ in Bayan Lepas near here today.

Anwar said while political stability and clear national policies will help to attract foreign investors, the issue of ecosystems still poses a challenge for them to invest in the country.

“Ensure the basic infrastructure is carried out at a fast pace. What is the training? Can universities focus on the new disciplines at a rapid pace?

“So, this is to remind USM (Universiti Sains Malaysia), UUM (Universiti Utara Malaysia), related centres here in Penang, as well as universities in Perak and Kedah, that these new disciplines must be approved at a fast pace,” he said.

He also commended Universiti Teknologi Malaysia (UTM) for its ability to approve the setting up of an artificial intelligence (AI) faculty and start the programme within four months, describing it as an extraordinary achievement in the country.

Anwar also approved a matching grant of RM50 million for a five-year period, with RM10 million a year, for the Penang Silicon Design @5km+ initiative.