SANDAKAN: A study on the impact of artificial intelligence (AI), digitalisation, and the green economy on Malaysia's labour market and workforce will be finalised by the end of this month, Human Resources Minister Steven Sim Chee Keong said.
He said the study undertaken by the Human Resources Ministry (Kesuma), would provide a strategic framework for tackling the challenges of the 21st-century economy and help prepare for workforce upskilling in sectors affected by these technological advancements.
"The report will give us a clear picture of the outlook for certain jobs over the next three to five years," Sim told reporters after attending the 'Future Workforce in Sustainable Agriculture' forum here today.
He said the findings will also guide efforts to address skill gaps and create new opportunities in line with the development of AI.
"As AI brings new roles into the workforce, we'll focus on providing relevant training that will help Malaysian workers thrive in this era of digitalisation and the green economy," he added.
Separately, Sim said the ministry has allocated RM2.6 billion to boost skill development and human capital growth across the country.
"The funds, including contributions from HRD Corp and TalentCorp, will be used to invest in human capital, ensuring our workforce is equipped to meet emerging challenges like AI," he said.
Sim also urged employers and youths in Sabah to take advantage of the RM60 million allocated by HRD Corp for the state this year, aimed at cultivating a skilled workforce in sectors such as agriculture.
"In Sandakan alone, HRD Corp has made RM6 million available to support training programmes for local youths," he said.
He also encouraged companies to participate in the Academy in Industry (ADI) programme, which aims to nurture home-grown talent and build a sustainable, highly skilled future workforce.
"We're offering incentives for companies to hire and provide 12 to 18 months of training for employees," he said.
Sim said the ministry plans to further expand and enhance the Technical and Vocational Education and Training (TVET) system, especially within Kesuma, to offer industry-relevant skills courses.– Bernama