He said global trends such as the rising role of IR4.0 technology, climate change and sustainability practices, demographic shifts and the globalisation of value chains are changing the nature of jobs.“Skills transformation is key to developing future competencies and this has been set as a focus of our industrial strategy,” he said when launching the NIMP 2030 at Menara Miti here yesterday.
Anwar also said employment will see a projected growth of 2.3% from 2023, which is set to provide employment for 3.3 million people by 2030.“The industry’s growing employment trajectory is due to the creation of high-skilled jobs as the country advances towards higher value-added activities and via improvements in automation and technological advancements,” he added.
Anwar also said the NIMP 2030 will create more opportunities for local small and medium enterprises to grow through specific action plans. He said SMEs in manufacturing currently contribute only 8% to the GDP and 9% to exports. “This, in turn, will help them scale up into mid-tier companies that could help Malaysia make more foreign exchange earnings.”
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