Selangor to attract foreign investments with strong talent management

Through the Selangor Kerjaya Programme, the state aims to create 2,000 job placements this year, says MB


THE Selangor government is investing RM58 million to manage its talent resources and remain attractive to foreign investors during a challenging economic climate.

Mentri Besar Datuk Seri Amirudin Shari (picture) said the investment, under the recently-launched Selangor Kerjaya Programme, is to provide upskilling and reskilling courses for some 10,000 job seekers in the state within the next three years.

Among the prospective trainees are school and university leavers, as well as those who lost their jobs due to the impact of the Covid-19 pandemic.

Job losses in Malaysia increased by 42% in the first quarter of 2020 compared to the previous quarter, according to data from the Social Security Organisation’s (Socso) Employment Insurance System.

Socso reported Selangor as having the most laid-off workers with 32%, which Amirudin described as a worrying trend.

To overcome this, the Selangor Kerjaya Programme will not only offer training to retrenched workers and newcomers in the job market, but will also gather consolidated data to ensure the quality and competitiveness, particularly for the high-value industries.

“Through the programme, there will be more 21st-century workforces, including for the aerospace industry.

“With this capacity, Selangor will become more attractive for foreign investors to find their footing in and directly stimulate the state economy,” he said during the virtual launch of the Selangor Kerjaya Programme yesterday.

As it is, Selangor — with some 3.6 million strong workforce — is already facing unfavourable sentiment from investors, with the state estimating a lower foreign direct investment (FDI) for 2020 and 2021 due to the economic downturn and restricted movement.

The state aimed to achieve RM12 billion of FDI from its manufacturing sector last year but as of September, only RM8 billion was approved and the administration remains pessimistic this year due to the international travel ban.

Therefore, to ensure continuous growth for Selangor’s economy and instil investors’ confidence, Amirudin said the reskilling and upskilling programmes are pivotal to ensure always has the talent to accommodate their needs.

“In leading to digital economy and encouraging growth in high-value industries, Selangor sees the provision of 21st centuries skilled talent as among the key success factors.

“Among others, this approach will ensure we are getting closer to the aerospace industry, where more than 60% of revenue for this industry is contributed by companies such as GE Engine Services Sdn Bhd, Aerobus Malaysia and UMW Aerospace Sdn Bhd which operate in Selangor.

“This makes Selangor the main hub for the aerospace industry in Malaysia,” Amirudin said.

Simultaneously, he said high-value industries will also offer highly skilled job opportunities, hence offering better pay to employees and further help grow a high-income society.

Additionally, the state will also develop an integrated workforce database including a career skills framework within the aerospace industry.

This, Amirudin said, will give a better indication of the type of training and skills needed to support the sector.

Selangor aims to create 2,000 job placements this year through the initiative.

“With exciting job offers from reputable companies, I am sure this will be the best platform for those who are building their careers,” he said.

Selangor Kerjaya Programme is led by Menteri Besar Selangor Inc in cooperation with Prestariang Systems Sdn Bhd dan Strand Aerospace Malaysia Sdn Bhd.

It was one of the state’s stimulus packages announced last year.

Read our earlier report

RM58m for aerospace under Selangor Kerjaya Programme