NCT Group has inked two Memorandum of Understandings (MoUs) with Human Resource Development Corporation (HRD Corp) and The Federation of Malaysia Chinese Commerce Association (FEMACCA) a step forward by future-proofing talent development initiatives and strengthening the attractiveness of NCT Smart Industrial Park (NSIP).
NCT Group founder and group managing director Dato’ Sri Yap Ngan Choy said the group believes in building a sustainable and resilient workforce that will fuel the future and power the growth of NSIP.
“Human resources are a core function for any business, and ensuring a skilled and future-ready workforce will enable us to strengthen NSIP’s footing in this competitive environment while raising the bar on performance standards to attract foreign direct investment in NSIP.
“In tandem with this, we are pleased to play our part in supporting the country’s economic and human capital development needs. With various dedicated initiatives undertaken to maximise the potential of NSIP, we are confident that it is poised to be a preferred investment option for foreign and local investors alike,” he said.
The MoU will see HRD Corp providing human resource support to raise productivity, competitiveness and growth at NSIP. This includes acting as a supporting body and advisory panel related to upskilling and reskilling programmes for their current and future workforce in accordance with NSIP’s industry.
HRD Corp chief executive Datuk Shahul Dawood said the company is excited for the partnership with NCT Group to support the employment needs of NSIP and expand its reach within the property development sector.
“This is important as we strive to meet the talent development needs of Malaysians from all walks of life while strengthening the overall upskilling and reskilling landscape for the nation,” he said.
Meanwhile, the MoU signed with FEMACCA is part of NCT’s effort to encourage more foreign interest into NSIP. The collaboration with FEMACCA will facilitate and streamline processes for investors from China with an eye for investment in NSIP.
FEMACCA president Datuk Lum Kim Soong said the promising outlook of NSIP will undoubtedly pique the interest of investors from China.
“At this point, our approach will help simplify market access for them. In addition to promoting NSIP as a viable investment destination, our partnership will also play a part in strengthening ties between both countries.”
