OPTIMISING THE BEST: Scholars will have to secure employment locally
PUTRAJAYA: BEGINNING this year, scholarships will be awarded on the basis that upon graduation, scholars need to secure employment either with the public sector or approved private sector company in Malaysia.
The move will allow the Public Service Department (PSD) and TalentCorp to optimise the nation's best and brightest to ensure a strong pipeline of top scholars to contribute to the priorities of both the Government Transformation Programme (GTP) and the Economic Transformation Programme (ETP).
Prime Minister Datuk Seri Najib Razak said this in his keynote address when launching TalentCorp's Talent Roadmap 2020 at Putrajaya International Convention Centre (PICC), here yesterday.
The Talent Roadmap 2020 articulates TalentCorp's role and plan of action towards delivering greater talent availability, in line with the ETP.
The comprehensive roadmap will drive initiatives based on three strategic thrusts, which are optimising Malaysian talent, attracting and facilitating global talent and building networks of top talent.
It sets out the goal of Malaysia to be among the top 20 nations as a talent destination by 2020.
The prime minister said optimising local talent, which is the first thrust of the roadmap, recognises that Malaysian talent is the most important and sustainable pipeline of talent to meet the needs of the country's future development.
The second strategic thrust acknowledges that Malaysians abroad and foreign talent are an important source to complement Malaysians at home to drive transformation.
"Thrust 3 is in relation to TalentCorp building networks of top talent by key sectors and geographies to better enabling leading employers to engage and source needed talent," said Najib who is also TalentCorp chairman.
TalentCorp was established on Jan 1 last year.
Calling on both the public and private sector to work together, Najib stressed that Malaysian homegrown talent must be nurtured to ensure their full potential.
He said the collaboration between TalentCorp and the Higher Education Ministry together with leading companies in the private sector had provided 12,000 internship allocations under structured programmes.
He added that the government was also extending the double deduction tax incentive for approved structured internship programmes, as announced in Budget 2012, to include firms under the Petroleum Income Tax Act 1967.
Najib also announced that TalentCorp and the Economic Planning Unit would collaborate and coordinate upskilling programmes for graduates.
This, he said would benefit close to 10,000 graduates per year, mainly engineers and will involve and allocation of about RM200 million per year across various ministries.
For the second thrust, Najib said under the Returning Expert Programme (REP), TalentCorp will now gradually shift towards a company-centric approach whereby companies could now apply for the facilities under the REP to be accorded to Malaysian professionals headhunted from abroad.
The government, said Najib also welcomed highly skilled foreign talent who can contribute to Malaysia's development.