Two action plans are being formulated and anticipated to be launched by the Ministry of Higher Education, under the National Strategic Higher Education Plan (PSPTN) next year to ensure the success of the New Economic Model (NEM) and propel the economy of the country. Higher Education Minister Datuk Seri Mohamed Khaled Nordin mentioned that PSPTN which enters the second phase (2011-2015) would be supportive with respect to the plans for Innovation and Information and Communication Technology (ICT).
PSPTN was set up in 2007 to enhance the quality of students, lecturers, infrastructure at higher learning institutions and to build a chain of world class higher education centres in the country. Mohamed Khaled explained that the Higher education sector progressed over time in terms of number of campuses and number of foreign students; and that the number of foreign students seeking education here had increased from 75,000 last year to 80,000 this year and expected to surpass expectations to reach 90,000 next year. In terms of revenue from foreign students, the amount of RM2.28 billion had also surpassed the targeted RM2.25 billion a year, he said.