Skip to main content

      What does Malaysia Budget 2027 mean for workforce development? 

      As technology and AI reshape the way businesses operate, Malaysia's ability to build a future-ready workforce will be critical to sustaining its ambition for a higher-value, technology-enabled and more inclusive economy. Budget 2027 has reinforced this direction through RM8 billion allocated for TVET, 3 million HRD Corp training opportunities and measures to accelerate digitalization and AI adoption. Together, these highlight a fundamental shift to prepare Malaysia’s workforce for a technology-driven economy.

      For organizations, the challenge is to turn this investment into tangible impact. Technology can be deployed relatively quickly, but the skills, leadership capabilities and confidence to use it well take time to build. Lasting workforce transformation in Malaysia therefore must go beyond technology adoption. It also needs sustained AI skills development, targeted upskilling and reskilling, and deliberate attention to workforce planning, career development and change management.

      Our latest Budget 2027 whitepaper, Beyond technology: Building a workforce ready for AI and change, explores the workforce priorities to build an AI-ready workforce in Malaysia. It outlines four priorities: 

      infographic

      Each one supports the same conclusion: a future-ready workforce will not be shaped by AI alone, but by talents and AI working together.

      The organizations that gain the most from AI may not be the fastest to adopt it, but the ones best prepared to put it to work. Those that invest in both technology and workforce readiness will be better placed to turn these opportunities into stronger productivity, more meaningful work, sustainable business value and Make the Difference.


      Budget 2027 commentary

      Beyond technology: Building a workforce ready for AI and change


      Related content

      In the current fast-moving business environment, organizations are rethinking how they operate, deliver value...

      With Budget 2027 set to be tabled on 9 October 2026, it aims to achieve the balancing act of two key imperatives...

      Connect with us

      Ahmad Nasri Abdul Wahab

      Partner – Head of Financial Management Advisory

      KPMG in Malaysia

      Sharmini Ann Jacob

      Executive Director - People & Change

      KPMG in Malaysia

      Request for proposal - RFP for services

      How can we be a part of your business success?

      Request for proposal - RFP for services