In an effort to improve the capabilities of the Malaysian workforce, the government has announced a significant increase in funds allocated for Technical and Vocational Education and Training (TVET) in Budget 2025.
The allocation for the sector has been increased from RM6.8 billion to RM7.5 billion.
This reflects a deep commitment to ensure the local workforce is ready to face the challenges arising from modern technologies such as artificial intelligence (AI) and robotics.
The president of Yayasan Mahir Malaysia, Datuk P. Sri Ganes, praised the implementation of matching grants amounting to RM50 million for industries involved in the "Adopt a Public Skills Training Institution" program.
He urged the private sector to play an important role in curriculum development and training, ensuring that graduates are truly prepared to enter the world of work.
Prime Minister Datuk Seri Anwar Ibrahim emphasized the need to provide effective training programs to meet the growing demand for skilled manpower.
With more than 1.12 million workers registered with the Construction Industry Development Board (CIDB), the initiative for TVET is expected to make the workforce more professional.
Experts believe that collaboration between public and private companies in this sector can not only improve the quality of skills but also drive meaningful changes in the Malaysian economy.
With these proactive measures, Malaysia is on the right track to create a workforce that is not only skilled but also adapts quickly to the ever-changing market needs.
