Summary
- Bakat MADANI targets 30,000 new job opportunities.
- Private companies encouraged to participate.
- Tax deductions offered for participating training programmes.
KUALA LUMPUR, October 11 — The government aims to create 30,000 new job opportunities for young Malaysians in 2027 through the Bakat MADANI programme.
With greater participation from private companies. Prime Minister Anwar Ibrahim said the initiative builds on an existing commitment involving six government-linked investment companies.
PETRONAS and government-linked companies to provide training and quality employment opportunities to 25,000 young people. To encourage private-sector participation.
Companies implementing Bakat MADANI training programmes will be eligible for tax deductions covering the period from June 29, 2026, until December 31, 2030.
The initiative forms part of the government’s broader efforts to improve youth employability and develop skilled workers for industries with stronger growth potential.
The budget speech does not provide a breakdown of the 30,000 opportunities by industry or state.
