By 2025, a total of 300,000 high-skilled job opportunities for young people are expected to be created in high-impact sectors such as electrical and electronics, automotive, chemicals and advanced materials, and life sciences and medical technology .
International Trade and Industry Minister Mohamed Azmin Ali said that for this year alone, a total of 20,000 similar job opportunities will be created through the Academy in Factory (AiF) programme.
“To ensure that foreign investors continue to make Malaysia an investment destination, it is our responsibility to provide highly skilled and technological talent.
“This is in line with the focus on the country’s workforce to upskill and reskill or upskill in line with the Fourth Industrial Revolution, which is expected to increase productivity by 30% across all sectors by 2030” , he said at the opening of Productive. Youth Carnival and AiF program in Kuala Lumpur today.
The AiF program is an initiative of the Malaysian Productivity Corporation (MPC) to address the worker shortage and develop highly skilled talent among local youth to build a future-ready workforce.
Azmin said Malaysia was moving towards a productive developed country and the local workforce should be trained with appropriate high skills to meet the demands of the industry.
“The new high-skilled job opportunities created are for all youth groups, including those in rural areas, villages and Orang Asli children,” he said, adding that to increase long-term competitiveness, the country must they develop qualified, productive, creative and innovative human capital.
Meanwhile, the Director General of MPC, Abdul Latif Abu Seman, in his speech at the same event, said that the MPC is committed to driving the productivity and competitiveness enhancement program based on the main drivers of productivity growth.
“When skills improve, productivity also increases and can lead to profit. Thus, wages can be increased according to the increase in productivity and profits.
“In the long run, this will help achieve the workers’ compensation target of 40% as set out in the 12th Malaysia Plan,” he said.
Latif also said that the country’s productivity performance returned to positive growth at a rate of 1.8% in 2021 and that labor productivity per worker increased by 2.7% with a value added of RM23,129.