: The strategic cooperation between the Malaysian Investment Development Authority and the Ministry of Higher Education can catalyse the country’s industrial growth, especially in supporting the development of more talents at the global level.
“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 signing ceremony between KPT and MIDA here today.
“For manufacturing projects which have been approved for the 2021-2023 period so far, a total of 3,678 or more than 83 per cent have been implemented, while 612 projects representing almost 14 per cent are at the planning stage,” he said. “Only 1.25 per cent or 11 projects have yet to be implemented and 0.45 per cent or four projects cannot be implemented for certain reasons, including changes in investor strategy,” he explained.
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