Malaysian Biotech Human Capital Development ReportJune 26, 2009
Malaysia's Ministry of Science, Technology & Innovation (MOSTI), Malaysian Biotechnology Corporation (BiotechCorp) and global research house Frost & Sullivan joined forces in assessing Malaysia's competitive edge in human capital development in the areas of biotech and life sciences. Together they launched Malaysia's first Human Capital Development Report 2009.
This report assesses the needs of the industry, biotech education and research at higher learning institutes, high-demand areas, constraints related to workforce, private-public collaboration, demand gap analysis, and workforce sentiments in the industry. The areas of biotech covered are agricultural, healthcare, and industrial biotechnology. The report is instrumental in mapping Malaysia's current position as the country moves toward being at par with the other countries in the Asian region – especially so in the current economic times.
"The study of human capital development for the Malaysian biotechnology industry contained in this report is both timely and significant. Specific to human capital, effective public-private sectors initiatives are critical in meeting the qualified and competent Malaysian talent in biotechnology," said YBhg. Datuk Dr Maximus J Ongkili, Minister of Science, Technology and Innovation (MOSTI). CEO of BiotechCorp, Datuk Iskandar Mizal Mahmood believes this report will be an enabling tool to develop programs to address the issues faced by the industry to bridge the gap in human capital development in the biotech sector.
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