Reach out to us!

PM launches new social service model, Social PPP

[siteorigin_widget class="SiteOrigin_Widget_Image_Widget"][/siteorigin_widget]
By A.AZIM IDRIS and FAZLEENA AZIZ, July 2, 2015 @ 7:01pm

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launched a new social service model for the government and private sector, the Social Public-Private Partnership (Social PPP), aimed at addressing social disparities by delivering high value impact at lower cost.

The initiative, under the National Blue Ocean Strategy (NBOS), is collaboration between Malaysian Innovation Agency and Public-Partner Partnership (UKAS) to collectively move towards developing projects in the social sphere.

Najib said Social PPP has been used to finance and facilitate infrastructure, education and healthcare initiatives all over the world.

He said numerous projects have been successfully implemented throughout the country, from construction of university campuses to hospitals.

"With the experience we had, we're now moving forward with the new model Social PPP, which is among a number of initiatives under the NBOS

"NBOS projects have been pivotal in the various transformation programme undertaken for the public service sector.

"Social PPP is important, as it relates to the 11th Malaysia Plan and the six game-changer in the plan. Social PPP is a starting point to promote a whole society approach of social financing model to address social issues as envisioned in the 11th Malaysia Plan," he said during his speech at the launch.

Seven companies are partnering with the government for the Social PPP including Credit Suisse, Hap Seng Group, Hong Leong Foundation, Westport Malaysia Sdn Bhd, Yayasan Siti Sapura Husin and YTL Foundation.

Various ministries and agencies will be working together to develop and implement numerous programmes to help stimulate rapid and sustained growth, develop communities and create harmony under the NBOS initiatives.

Also present at the launch were Deputy Prime Minister Tan Sri Muhyiddin Yassin Minister in the Prime Minister's Department Datuk Mah Siew Keong and Chief Secretary to the government Tan Sri Ali Hamsa.


[siteorigin_widget class="SiteOrigin_Widget_PostCarousel_Widget"][/siteorigin_widget]
Copy to clipboard

Latest Articles

Sign Up for Our
Touchpoints Newsletter

Find out about how we are impacting our communities. Sign up here for our quarterly newsletter!
YTL Foundation was founded in 1997 on the belief that education is the basis on which every society progresses. By improving education, empowering future generations and building tomorrow’s leaders, YTL Foundation aims to empower individuals and communities to be catalysts of change.

More Information

Helpful Links

Terms & Policies


Get In Touch

YTL Foundation
[199701006074 (421570-A)]
32nd, Menara YTL
205, Jalan Bukit Bintang,
55100 Kuala Lumpur, Malaysia.
Follow Us
Copyright © 2022 YTL Foundation [199701006074 (421570-A)]. All rights reserved