Universiti Malaysia Sabah (UMS) has launched a Strategic Business Unit (SBU) to support financial sustainability initiatives and act as a catalyst for innovative income-generating ideas.
UMS Vice-Chancellor, Professor Datuk Dr. Kasim Mansor, explained that the SBU is a revenue-generation concept and a "game-changer" highlighted in the UMS Strategic Plan 2023-2027.
“This initiative represents a proactive step by UMS to intensify investment and revenue-generation activities across its Responsibility Centers (PTJ),” he stated.
The establishment of the SBU aligns with the government's directive for public universities (UA) to generate their own income in response to the phased reduction of annual management budget allocations for public universities.
“The SBU also aims to promote UMS’s products, services, and expertise, enhancing the university’s visibility locally and internationally,” Dr. Kasim added.
He emphasized that the selection of SBU units was based on their track record of revenue generation and the potential of these PTJs to contribute through competitive market activities, projects, or services.
“I am confident that with comprehensive policies, guidelines, and effective monitoring mechanisms, the SBU will meet its targets and provide returns on UMS's investments,” he remarked during the launch ceremony for the SBU.
At the event, six PTJs were designated as SBUs:
- Pusat Luar UMS (PLUMS)
- Pusat Minda Lestari (PML)
- Penerbit UMS
- Inkubator Institut Penyelidikan Marin Borneo (IPMB)
- Galeri Azman Hashim UMS (GAH-UMS)
- Pusat Pengurusan EcoFarm
The event was attended by UMS Treasurer Badrul Hisham Ismail and Director of the Investment, Endowment, and Waqf Center (CIEW), Dr. Borhan Sareya Abdullah.
