Higher Education Minister Datuk Mustapa Mohamed said the allocation, to be disbursed early next year, would also fund the universities’ research grants and postgraduate scholarships.
The four universities are Universiti Sains Malaysia (USM), Universiti Malaya, Universiti Kebangsaan Malaysia and Universiti Putra Malaysia.
Mustapa said the research university status would enable them to become world-class leaders in innovation, design and research.
“Based on the recent international ratings of universities, ours have not achieved global standards. Our target is for the four to be ranked at least in the top 100,” Mustapa said.
“Our target in 2010 is for each research university to have at least 7,500 postgraduate students, mostly pursuing their PhDs,” he added.
Why not give this to our own researchers? NEP for UK?