Mida’s strategic cooperation with Higher Education Ministry to accelerate local industrial growth

AppliedHE News Wire 11/05/2024

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Mida’s strategic cooperation with Higher Education Ministry to accelerate local industrial growth - AppliedHE

KUALA LUMPUR (May 7): The strategic cooperation between the Malaysian Investment Development Authority (Mida) and the Ministry of Higher Education (MOHE) is expected to catalyse the country’s industrial growth, especially in supporting the development of more talents at the global level.

Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said a trained and competitive workforce is key to the success of the New Industrial Master Plan 2030 (NIMP 2030).

“The shortage of skilled talent has become a constant issue among our investors, both domestic and foreign.

“Without a holistic solution on talent development and supply, Malaysia can never achieve the economic complexity, high-tech industrial ecosystem, net-zero target, or the economic security envisaged by the NIMP 2030,” he said at the memorandum of understanding (MOU) signing ceremony between MOHE and Mida here on Tuesday.

The ceremony was also attended by Higher Education Minister Datuk Seri Zambry Abd Kadir.