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The Entrepreneurship Development Institute of India (EDII), on Monday, said it has tied up with Human Resource Development Fund under Ministry of HRD, Malaysia, for skill development, and assist the South-East Asian country in its target of ensuring 35 per cent skilled Malaysian workforce by 2020.
EDII and Pembangunan Sumber Manusia Berhad (PSMB), an arm of Human Resource Development Fund under Ministry of Human Resources, Malaysia, have signed a Memorandum of Understanding, in the presence of Prime Minister and Dato Sri Mohammad Najib Bin Tun Abdul Razak, Prime Minister of Malaysia, in this regard, according to a press release here.
PSMB has a mandate by the Government of Malaysia to implement strategic initiatives to empower the quality and employability of the Malaysian human capital to support the Malaysia aspiration of a 35 per cent skilled Malaysian workforce by the year 2020 while creating job opportunities to the locals.
Through the collaboration, EDII will share its expertise with PSMB in the field of education, training, research and institution building comprehensive and high quality training under PSMB’s programmes for up-skilling and re-skilling Malaysian women, low household income community and youth.
PSMB and EDII will work together in the areas of skill development, re-skilling, entrepreneurship development, capacity building, training and methodology, content development, consulting and research. The first activity after signing the MoU would be to train close to 100 youth in entrepreneurship through classroom training, simulation exercises and field exposure.
EDII would assist the Malaysian Government to equip, develop and assist unemployed graduates and school leavers with high-end skills and competencies required by industries and which will enhance their future employability. It is open to all Malaysian graduates who have successfully acquired their diplomas, degrees or equivalent education. The school dropouts are also targeted.
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