High-value foreign direct investments, more high-skilled jobs, and a higher income level are also a must for the country to become a dynamic talent hub, said Talent Corporation Malaysia Bhd group chief executive officer Thomas Mathew.
“It is critical to attract multinational companies to invest in Malaysia. The government should also encourage more tech giants to establish centres here as this will attract talents from across the globe to work in Malaysia,” he said, adding that apart from systems and incentives, Malaysians must be passionate about acquiring knowledge and be willing to take on challenges. “We cannot be stuck in this status quo. The hunger for success must be in the minds of all our talents,” he said.
This, he said, would make the country a lynchpin for talents and knowledge between two oceanic regions. Mohamed Khaled said transforming the nation’s capital, and the country, into a talent hub is key if it is to see competitive economic development. “We need local and international experts in various fields of study, a robust immigration policy, and an immigration framework to attract skilled professionals and entrepreneurs and investors,” said Teh, who is also Asia Pacific University of Technology & Innovation senior director and registrar.
After the period is over, he said employers can decide whether to extend the employment of these graduates under work visas; this would make Malaysia a more attractive destination for students from emerging economies where a vast majority and rapidly growing number of international students originate.
“An ecosystem that appeals to the best talents globally, and enables them to thrive and contribute to Malaysia’s economic growth and development, is important if we want to get quality students and investors to come here.”Local talents, said Taylor’s University deputy vice-chancellor and chief academic officer Prof Dr Pradeep Nair, come in the form of purpose-driven individuals.
“In addition to making an impact, this will result in grants, reports, journal publications, scalable models and patent applications,” he said. “Investing in education and providing students with opportunities to explore their interests and develop their skills is crucial – and this must start early through the school system.
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