Part 4 74 VOCATIONAL TRAINING COUNCIL and embrace the latest industrial development around the world such as the Greater Bay Area (GBA) and other parts of Mainland, Asia, Australia, Europe and the United States. ENGINEERING GRADUATE TRAINING SCHEME 4.34 The Engineering Graduate Training Scheme (EGTS) provides subsidies to employers who offer training opportunities to engineering graduates to help them meet the training requirements of the Hong Kong Institution of Engineers (HKIE) and obtain professional status as an engineer. 4.35 All engineering graduates with the qualifications that meet the HKIE Membership requirements are eligible to join the EGTS. The training is closely monitored by engineering supervisors appointed by the HKIE. EGTS Secretariat of VTC are responsible for checking and verifying the progress of training. Trainees will be awarded a Certificate of Completion of the EGTS training issued by the Innovation and Technology Training Board. 4.36 A trainee being trained under a programme approved by the HKIE will receive a subsidy through his/her employer as part of his/her salary. NEW INDUSTRIALISATION AND TECHNOLOGY TRAINING PROGRAMME 4.37 VTC administers the New Industrialisation and Technology Training Programme (NITTP) under the Innovation and Technology Fund and serves as its Secretariat. The NITTP aims at subsidising local companies on a 2:1 matching basis to train their staff in advanced technologies, especially those related to “New Industrialisation”. Technologies covered by the training courses should be advanced in nature and not yet widely adopted in Hong Kong. The adoption of such technologies should also benefit the economy of Hong Kong. The approved training grant will be reimbursed to the companies upon the staff’s completion of the training courses.
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