Malaysia needs re-industrialisation policy to tackle urban poverty, says analyst

Sheridan Mahavera Updated 2 years ago · Published on 6 Aug 2020 8:36PM · 0 Comments

A view of the Boustead Penang Shipyard hanger at Pulau Jerejak in Penang. Analysts say more investment in producing skilled industrial workers is required. – The Malaysian Insight file pic, August 6, 2020.

A RE-INDUSTRIALISATION policy can help reduce poverty by creating high skilled, high paying jobs, said a scholar from the think tank Research for Social Advancement (Refsa).

Currently, the growth rate of high paying jobs has not kept up with population growth due to the premature decline in high value industries from 1990 to the present, said Refsa visiting fellow Hafiz Noor Shams.