MTTC News 4

For Malaysia to remain competitive in an increasingly challenging global environment and to become a high-income nation by the year 2020, it is imperative that it embarks on an integrated approach which involves government and economic transformation programmes. These programmes attach great importance on intensifying human resource development in order to produce a workforce which is well-equipped to face a competitive global market.

Malaysia currently has a workforce of about 12 million, of which only about 28 percent are highly-skilled, whilst 60 percent are employed in small and medium-sized enterprises. The Economic Transformation Programme which is introduced in 2010 is projected to create 3.3 million new job openings by 2020, of which at least 40 percent is expected to require technical and vocational education and training (TVET) qualifications. Consequently, TVET has been regarded as one of the most critical drivers for the country’s transformation from a middle to high-income nation.

To become a high income nation by year 2020, the government began to push the industry of (infrastructure, bio-technology, sophisticated electronic, leisure and tourism, innovation and digital technology). In order to induce R&D innovation, increase the value-add of industries, and strengthen the competitiveness of services sectors, TVET joined these efforts with all is resources to cultivate practical professionals according to their aptitudes and capabilities. With all the hard work and perseverance from government, TVET will definitely contribute to the next wave of Malaysia economic transformation in order to become a develop country.