Following the Malaysia Budget 2020 reading in Parliament last October, the Human Resources Development Fund (HRDF) announced a set of plans it hopes to achieve in the new year, with an allocated RM50mn from the government.
These included continued collaboration with the Ministry of Human Resources, industry players and employers to provide technical and vocational education and training (TVET) programmes catered to employ 3,000 youths from low-income households, and the upskilling of a further 4,000 Malaysians through professional certification examinations related to IR4.0.
In line with this, the Fund has recently released a further set of initiatives and targets for 2020, detailed below.
Firstly, the Fund plans to approve 1.25mn training places this year, 20% more than it did in 2019. At the same time, it also aims to approve 60,000 training places for industry certification programmes.
In achieving these, HRDF will increase its engagement activities and visits, as well as improve the speed of its delivery and IT system.
Apart from the above, the Fund added: "HRDF is also looking forward to expanding the coverage of the Pembangunan Sumber Manusia Berhad Act 2001 (PSMB Act 2001) and serve a much higher percentage of the Malaysian workforce who could benefit from the schemes and initiatives under the Fund."
Lastly, the Fund will also be introducing the HRDF Learning and Training Hub in 2020, an online marketplace for training which help employers make informed choices about programmes for their employees.
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