Mumbai: Entrepreneurship Development Institute of India (EDII), Ahmedabad, India and Pembangunan Sumber Manusia Berhad (PSMB), an arm of Human Resource Development Fund under Ministry of Human Resources, Malaysia, signed Memorandum of Understanding, in the presence of Hon’ble Mr. Narendra Modi, Prime Minister of India and Hon’ble Dato Sri Mohammad Najib Bin Tun Abdul Razak, Prime Minister of Malaysia.
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 to enhance PSMB’s trainers in delivering comprehensive and high quality training under PSMB’s programmes for up-skilling and reskilling Malaysian women, low household income community and youth. PSMB and EDII will work together in the areas of skill development, reskilling, entrepreneurship development, capacity building, raining and methodology, content development, consulting and research. The first activity after signing the MoU would be to train close to 100 youths in entrepreneurship through classroom training, simulation exercises and field exposure.
EDII would be lending a hand in this initiative by the Malaysian Government to equip, develop and assist unemployed graduates and school leavers with high end skills and competencies that are required by the 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.
As Dato C. M. Vignaesvaran Jeyandran, Chief Executive, Human Resource Development Fund, said – “PSMB and EDII share the same objective of enriching the knowledge of the national human capital, and to elevate the business capabilities of the Small and Medium Enterprises (SMEs) to increase national economic growth. With EDII’s experience and expertise at national and international levels in education, training, research and institution building, it makes for a good partnership. PSMB is always on the lookout for opportunities to further enhance Malaysia’s human capital development module through collaborations and benchmarking. EDII will work closely with PSMB’s initiative of Skill development as a facilitator for boosting the economic power of Malaysia.”
EDII Director, Dr. Sunil Shukla said, “We are immensely delighted and proud to join hands with PSMB. The partnership is an example of how countries can work together to create job opportunities for the youth, and participate in global sustainable development goals. EDII will help Malaysia harness its inherent strengths and capabilities.”