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Malaysia – Half of workforce to be highly skilled by 2020

12 December 2013

Half of the workforce in Malaysia will be highly skilled by 2020, according to Tengku Nurul Azian Tengku Shahriman, Director of Education and Strategic Reform Initiative Human Capital Development, reports bernama.com .my.

According to Ms Tengku Nurul Azian, this confidence is based on the trend of increasing skilled job creation and skilled labour supply. “Currently, skilled labour constitutes about 28% of the total workforce, but if we continue to create skilled jobs and up-skill our workers to meet market demand, we can achieve the 50% target by 2020.”

She added that the country was also in-liner with the target to create 3.3 million jobs by 2020, backed by higher than forecast job creation. Last year, 438,000 jobs were created, significantly above the target of 330,000, and the trend is expected to continue this year.

Announcing the government plan in June, Prime Minister Datuk Seri Najib Tun Razak said: “The 50% target is a challenge not just for the Human Resources Ministry, but also the private sector. But it can be achieved with the right incentives and encouragement by the government.” 

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