ID :
28830
Thu, 11/06/2008 - 22:51
Auther :
Shortlink :
https://oananews.org//node/28830
The shortlink copeid
MALAYSIA'S ELECTRONICS INDUSTRY NEEDS SUFFICIENT HUMAN CAPITAL, SAYS MINISTER
KUALA LUMPUR, Nov 6 (Bernama) -- There is a need for sufficient human capital for the electronics industry, as it is a significant contributor to the Malaysian economy, said the Minister of International Trade and Industry Muhyiddin Yassin.
The industry is the largest sub-sector within the manufacturing sector in
Malaysia in terms of output, employment and exports, he added.
"For the period January to July 2008, the industry recorded a 28.8 percent
of total employment in the manufacturing sector," he said in his speech at the
Panasonic Scholarship Award 2009 ceremony here Thursday.
Muhyiddin also said that from last year until August 2008, the electronics
industry recorded the second largest investment of RM16.3 billion (147
projects), after basic metal products which had a total capital investment of
RM39.5 billion or US$11.1 billion (93 projects).
He said the electronics industry was mainly driven by foreign investment
with projects approved accounting for 95.9 percent of the RM15.6 billion (US$4.4
billion) total in 2007 while domestic investment was 4.1 percent.
Muhyiddin said the initiative by Panasonic would certainly complement
efforts undertaken by the government to provide a sufficient supply of human
capital for the industry.
Apart from upgrading the skills of Malaysian employees locally, the group
also sends them to Japan for training.
Currently, Malaysia is Panasonic's global research and development centre
for television receivers and air conditioners.
Muhyiddin said the award would certainly contribute towards the human
capital development of Malaysia as it provided an invaluable opportunity for
students to learn from Japan which is well known for its production process
sophistication and is second best in the world for firm-level technology
absorption.
The three recipients of the Panasonic scholarship are Muhammad Firdaus
Anuar
from Universiti Tenaga Nasional, Ooi Poh Sien (Universiti Teknologi Malaysia)
and Pua Chern Hwui (Universiti of Nottingham Trent).
Firdaus will further his studies in sustainability science at Tokyo
University, Ooi in biotechnology at Nagoya University while Pua will specialise
in system design at the Tokyo Metropolitan University.
The industry is the largest sub-sector within the manufacturing sector in
Malaysia in terms of output, employment and exports, he added.
"For the period January to July 2008, the industry recorded a 28.8 percent
of total employment in the manufacturing sector," he said in his speech at the
Panasonic Scholarship Award 2009 ceremony here Thursday.
Muhyiddin also said that from last year until August 2008, the electronics
industry recorded the second largest investment of RM16.3 billion (147
projects), after basic metal products which had a total capital investment of
RM39.5 billion or US$11.1 billion (93 projects).
He said the electronics industry was mainly driven by foreign investment
with projects approved accounting for 95.9 percent of the RM15.6 billion (US$4.4
billion) total in 2007 while domestic investment was 4.1 percent.
Muhyiddin said the initiative by Panasonic would certainly complement
efforts undertaken by the government to provide a sufficient supply of human
capital for the industry.
Apart from upgrading the skills of Malaysian employees locally, the group
also sends them to Japan for training.
Currently, Malaysia is Panasonic's global research and development centre
for television receivers and air conditioners.
Muhyiddin said the award would certainly contribute towards the human
capital development of Malaysia as it provided an invaluable opportunity for
students to learn from Japan which is well known for its production process
sophistication and is second best in the world for firm-level technology
absorption.
The three recipients of the Panasonic scholarship are Muhammad Firdaus
Anuar
from Universiti Tenaga Nasional, Ooi Poh Sien (Universiti Teknologi Malaysia)
and Pua Chern Hwui (Universiti of Nottingham Trent).
Firdaus will further his studies in sustainability science at Tokyo
University, Ooi in biotechnology at Nagoya University while Pua will specialise
in system design at the Tokyo Metropolitan University.
