Malaysia’s Human Resources Development Fund (HRDF) is planning to train around 1.2 million Malaysian workers next year. HRDF will use RM 900 million that will be accumulated by the registered employers.

Minister of Human Resources, M. Kulasegaran in Parliament announced this yesterday, in response to questions on the improvements undertaken by HRDF, following the release of an independent report on the Fund’s governance framework by an independent Governance Oversight Committee on 10 November 2018.

The Ministry of Human Resources said, “The HRDF Consolidated Fund is maintained and will continue to be utilized to support the up-skilling and re-skilling of Malaysian employees, particularly the learning and development initiatives of Malaysia’s SMEs and the B40 group.

In this instance, only the deduction of the amount of 30 percent of registered employers’ HRD levy towards the HRDF Consolidated Fund has been discontinued effective 15 November 2018.

In the meantime, the HRDF is harmonizing our efforts with the Ministry of Human Resources (“MoHR”) and reviewing the mechanism to implement strategic human capital initiatives with improved benefits towards continuous up-skilling and re-skilling of our local workforce through the HRDF Consolidated Fund, using alternative source(s) of funding.”

In order to consolidate the move, the government has appointed four members as the board of directors in the Human Resource Ministry. 

Datuk Raiha Azni Abd Rahman, Senior Vice President of Petronas, Sia Tze Yong, Executive Director of Everise Departmental Store, Govindasamy Annamalai, Deputy President, Educational Welfare & Research Foundation, Datuk Abdul Kadir ME Sikkandar, CEO, BTC Group.