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JINM Trust Fund Account (Industry)

A Trust Account (Industry 62xxxx) is established to account for monetary contributions received from the Industry (refer to the definition of Industry in Appendix 2) for a specific purpose and is administered through a Trust Deed.

The University may receive assets or funds from external parties and it is the responsibility of the University to ensure that such contributions are used and administered following the purposes that have been determined and agreed upon.

The University may also impose service charges on trust accounts to assist the University to cover its administrative costs.

In addition, a Trust Fund (JINM) has been established in each PTJ to save funding from expertise-based activities such as seminars, workshops, and consultations.

Funds accumulated in the Trust Fund (JINM) can be used to fund the cost of JINM’s activities and help the cost of students pursuing industrial and mobility training abroad.

To open a Trust Account (Industry) at CiRNeT or Tabung Amanah (JINM) PTJ respectively, the application form can be accessed at the following link: https://asis.upm.edu.my/ (sistem i Amanah)

OPENING JINM TRUST FUND (INDUSTRY) FLOWCHART

MONITORING OF PROJECT PROGRESS REPORTS

Monitoring the progress of industrial projects is very important to ensure that a project's progress is implemented according to the plan approved by the funder.

Accordingly, each academy with an industrial project grant must submit a progress report for projects that are still active (every 6 months) and a final report for expired industrial projects.

A reminder notice will be issued to each project member to ensure the report is submitted within the stipulated time.

Failure to submit the industrial project progress report on time may result in the project-related finances being temporarily withheld until the report is sent to the CiRNeT UPM office.

Updated:: 28/01/2025 [zaidi_tajuddin]

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