HUMAN RESOURCE DEVELOPMENT IN BIMP-EAGA REGION: STRENGTHS OF MALAYSIA-EAGA INSTITUTIONS OF HIGHER LEARNING
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Abstract
Investment in human capital is vital for economic development of a nation. It also contributes towards human resource development. Human resource development is one of the key areas targeted under BIMP-EAGA areas of co-operation. This paper will focus on the strengths that Malaysian institutions of higher learning have towards human resource development in this sub-regional economic growth area and the ASEAN region as a whole. Some of the strengths of Malaysian institutions of higher learning in EAGA region include supportive Malaysian government policies in making Malaysia as a regional educational hub; increasing importance of skill based production in Southeast Asian countries; courses offered which are of relevance to the labour market needs; rapid developments in Malaysia-EAGA; a global network of strategic collaboration; diversity of culture and safe studying environment and qualified expertise available in Malaysia-EAGA institutions of higher learning. These factors can contribute towards enhancing the potential of Malaysia generally and Malaysia-EAGA specifically in human resource development in EAGA region.
Keywords: BIMP-EAGA, sub-regional economy, labour market, and strategic collaboration
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