Skills Development

Description

This award honors outstanding businesses that demonstrated a significant contribution to human capital development. Applicants are capable of developing a skilled workforce, especially considering the expected impacts of Industry 4.0 for a competitive and dynamic ASEAN economic community.

In 2019, the Skills Development Award was established to reflect the key guidance "Human capital development" (HCD), which focuses on the need to strengthen professional technical and vocational skills in ASEAN's workforce.

This award is developed in cooperation with Knowledge Partner, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, a service provider in the field of international cooperation for sustainable development and international education work.

Eligibility

• Be an ASEAN-incorporated enterprise with at least 40% ASEAN-owned equity
• Be in operations for a minimum of 3 (SMEs) to 5 (Large companies) years
• Preferably have operational presence in 2 or more ASEAN countries
• Preferably have 2 (SMEs) to 3 (Large companies) years of audited financial statements