Cyberview, TalentCorp collaborate to develop local talent

• Aims to prep graduates to meet industry needs; minimise private investments on re-skilling
• Begins with structural internship programme with tax incentives for employers

TECH hub developer, Cyberview Sdn Bhd, has signed a Memorandum of Understanding (MoU) with Talent Corporation Malaysia Bhd (TalentCorp) to leverage on each other’s strengths, networks, and capabilities with a goal of “cultivating a strong talent ecosystem in Cyberjaya.”

This strategic collaboration between both parties will include talent development and talent enhancement initiatives, with the aim to improve graduate marketability through greater academia and industry collaboration, the companies jointly said in a statement.

The objective is to prepare graduates to meet industry needs, as well as to minimise private investments on talent reskilling and upskilling.

“We have come to a point where technology and digitisation are ubiquitous throughout every facets of our life,” said Najib Ibrahim, managing director of Cyberview. “The pandemic is further catalysing digital transformation where businesses have had to speed up by 5.3 years, according to a global survey.”

“However, market experts have pointed out that the ability to adapt to a digital future will depend on the talent, not just the technology. As firm believers in embracing a collaborative multi-stakeholder approach, we are confident that this MoU with TalentCorp will help us shape a strong talent ecosystem in Cyberjaya,” he added.

The collaboration is also in line with TalentCorp’s role as the agency under the Ministry of Human Resources (MOHR) mandated to attract, nurture, and retain the talent and expertise required for Malaysia's economic growth, Cyberview said.

In his speech at the virtual signing ceremony, Thomas Matthew, TalentCorp’s group chief executive officer, said TalentCorp leverages its strategic partnerships with industry, government, and academia to support the national agenda of Malaysia’s transformation into a talent hub.

He added that TalentCorp was prepared to support the partnership with Cyberview through several mechanisms, including industry bridging, research-based insights, and the Critical Occupations List (COL).  

As a start to the collaboration, both companies will work together on a structured internship programme which provides a tax incentive to employers by entitling them to double deductions.

The process of bringing in expatriates to set up base in Cyberjaya will also be streamlined with the roles of Cyberview’s Cyberjaya Investment and Services Centre (CISC) and TalentCorp’s Malaysia Expatriate Services Centre (MYXpats Centre) converging.

“At Cyberview, we champion Cyberjaya as a vibrant global tech hub and the centre of Malaysia’s technology innovations. Towards this end, we look forward to working closely with TalentCorp to strengthen Cyberjaya’s talent ecosystem, transforming this smart city and its communities into an innovation-based hub,” Najib said.

“This goal is in line with the government’s commitment to drive the Industrial Revolution 4.0 [agenda] and spur economic growth.”