Answer to Oral Question PL170
QUESTION
Yang Berhormat Awang Lau How Teck
YANG BERHORMAT AWANG LAU HOW TECK asks the MINISTER OF CULTURE, YOUTH AND SPORTS to state what are the Ministry’s initiatives to develop platforms for the marketing and sale of youth products, including marketing guidance and access to overseas markets?
ANSWER
Yang Berhormat Menteri Kebudayaan, Belia dan Sukan
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Thank you Yang Berhormat Pehin Yang Di-Pertua and thank you to Yang Berhormat Awang Lau How Teck for the question on what are this ministry’s initiatives to develop platforms for the marketing and sale of youth products, including marketing guidance and access to overseas markets.
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The Ministry of Culture, Youth and Sports recognises entrepreneurship as a strategic core in producing independent and competitive youth, as well as a driver of the nation’s socio-economic progress, and the importance of entrepreneurship is also supported in the National Youth Policy and Strategy 2020-2035, namely through the Core Strategy of Education, Employability and Decent Work, which seeks to build an environment that is more conducive for youth entrepreneurs.
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The Ministry of Culture, Youth and Sports has also taken proactive steps in providing various conducive platforms including physical spaces and entrepreneurship programmes that can be used to market and sell local youth products, such as: a. Youth Development Centre (YDC) Carnival Programme; b. Youth Development Centre (YDC) Pop Up Market Programme; c. Youth Development Centre (YDC) Street Sahur Programme; d. In:Stall @Youth Hub Programme; e. Aidil Fitri Kuih Muih Sales; and f. Youth Entrepreneurship Incubator.
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Approximately 350 young entrepreneurs have actively participated in the entrepreneurship platforms provided, as an effort to strengthen youth involvement in the economic sector and expand marketing opportunities for local products.
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The Ministry of Culture, Youth and Sports has also collaborated with strategic partners such as Darussalam Enterprise (DARe) and Shell LiveWIRE Brunei, aimed at giving exposure to youth in developing business ideas, strengthening marketing skills and expanding business networks, such as: a. Youth Business Pitch Programme; and b. YDC Light's On Programme;
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This Ministry remains committed to empowering youth, particularly in the field of entrepreneurship. However, it is acknowledged that the focus of KKBS is more on providing training and platforms for youth to start businesses (start-up), such as the incubator programme that I shared earlier. In this regard, concerning access to overseas markets, I would like to request YB Menteri Kewangan dan Ekonomi II, who is responsible for the Brunei Economic Development Board, Ministry of Finance and Economy as an agency that plays an important role in opening access to overseas markets for local entrepreneurs, to provide further explanation on this later.
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That is all that can be elaborated, thank you.
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