THE Human Resources Ministry is actively working with industry players to nurture a buoyant local human capital development ecosystem, Human Resources Minister V. Sivakumar said.

He said such a move was one of the crucial steps to drive Malaysia’s aspiration of becoming a fully developed nation.

“To achieve this ambitious goal, the nation cannot afford to lose our pool of skilled talent due to a lack of good career prospects or a laggard human capital development system,” he said in his speech at the opening and launching of the National Human Capital Conference and Exhibition (NHCCE) in Kuala Lumpur today.

Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah graced the opening and launching of the two-day event which began today.

Sivakumar said the skilled workforce in the country was at 27% compared to the set target of 35% by 2030.

“I have asked the departments and agencies under the ministry to ensure the country is on the right track towards achieving the set target by providing the necessary training and not lead to mismatching,” he said.

Meanwhile, the Human Resources Ministry and Human Resources Development (HRD Corp) in a joint statement said the conference themed ‘Pioneering Growth, Inspiring Change’ NHCCE 2023 lined up 30 speakers and among them are world renowned human capital experts, human resources practitioners and subject matter experts.

NHCCE, the biggest human capital development conference in Southeast Asia has attracted 4,000 local and international participants and involves 400 exhibitors showcasing the latest trends including up-skilling models and new technologies. – Bernama, October 30, 2023.