HRD Corp to support 3 million training opportunities under 2027 Budget
KUALA LUMPUR: Human Resource Development Corporation (HRD Corp) will continue to utilise RM3 billion from its levy funds to support three million training opportunities, in line with the government’s efforts to strengthen skills development and workforce competitiveness.
KUALA LUMPUR - The HRD Corp will leverage RM3 billion from its levy funds to create three million training opportunities, as part of the government's initiative to bolster skills development and workforce competitiveness. This strategy aligns with the 13th Malaysia Plan's goal to have 35% of the workforce be skilled by 2030. HRD Corp's CEO, Datuk Shamir Aziz, emphasized the importance of human capital development in light of evolving industry demands and economic changes.
The corporation intends to concentrate on training that is pertinent to industry needs, acknowledge professional certifications, and judiciously utilize levy funds to ensure that employers' investments in skills development yield tangible benefits for workers and businesses. The 2027 Budget has set aside RM40 million for the Madani Professional Caregiver Skills initiative, which aims to bolster the nation's care economy by cultivating a proficient and certified caregiving workforce.
This program is projected to aid up to 8,000 participants, including school leavers, TVET graduates, homemakers, jobseekers, and unemployed individuals interested in careers in the care sector. The provided funding will cover training expenses, attendance allowances, and training kits, with courses covering elderly care, infant and childcare, care for individuals with disabilities, postnatal care, and community care.
The HRD Corp, under the Human Resources Ministry's jurisdiction, will persist in collaborating with industries, employers, and training providers to ensure that skills development aligns with industry requirements, aids individuals, and contributes to economic expansion.
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