Education and Health are probably the best investment opportunities we have. The highest-ranking universities in the world have 25-30% of international students. This not only brings money to the country but promote those universities as educators across the world. Yet, we do not even allow 1% of foreign students in our universities. Renewable energy is another avenue that has exceptional potential for exploration and national benefit. Yet, we have not done much to promote this.
We need incentives, opportunities and wider recognition for researchers for motivation. Take for example medicine. Research output from the Ministry of Health is virtually nil. The reason, there is no motivation. University doctors do these because this is required for their promotions.
Health and Education are the biggest investment opportunities we have for investment with long-term high returns. Take, for example, Malaysia and Singapore. We were equal in GDP to them in 1948 when we received independence. Today Malaysia's GDP is 11,000 USD per capita and Singapore 65,000. Ours it is merely 4000 USD. What is the secret? They have research and innovation at the forefront of what they do.
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