March 31, 2023

TalentCorp, IIB ink MOU to strengthen Johor's workforce

JOHOR BAHRU, March 22 (Bernama) -- Talent Corporation Malaysia Bhd (TalentCorp) and Iskandar Investment Bhd (IIB) have inked a Memorandum of Understanding (MoU) to cooperate in strengthening Johor's workforce via strategic human capital development initiatives.

State Youth, Sports, Entrepreneur Development, Cooperatives and Human Resources Committee chairman Mohd Hairi Mad Shah said the MoU was an important move in positioning Johor as a world-class investment, innovation and talent destination.

“With the MoU, we will be able to maintain Johor’s economic growth momentum which will benefit the people,” he said in a statement today.

Among other things, the MoU outlined a framework which encompasses initiatives geared towards identifying talents, talent development and career planning, as well as increasing industry and academic involvement in developing and maintaining the talent pool in Johor.

Meanwhile, TalentCorp group chief executive officer (CEO) Thomas Mathew said TalentCorp’s role in attracting, nurturing and maintaining talents is in line with industries’ demands, helping to address the challenges in Malaysia's talent ecosystem such as job mismatches and lack of industry-ready talents.

"The permanent placement of TalentCorp officers in the Southern Region is also part of our commitment towards establishing cooperation with the Johor state government and stakeholders to drive the development of the Malaysian human capital," he said.

The MoU will also help Malaysian talents to gain access to new digital and technology companies in Iskandar Puteri, subsequently contributing to the state’s economic growth, said IIB president and CEO Datuk Idzham Hashim.

“This will also support our efforts to establish a strong and sustainable ecosystem in Iskandar Puteri, and enhance its ability to attract foreign and domestic direct investments by offering talents with relevant skills and competencies at competitive costs,” he said. - BERNAMA

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Iskandar Investment Berhad (IIB) is an investment holding company incorporated in November 2006 to catalyse the strategic development of Iskandar Malaysia. Read more..