A conceptual paper for human capital in the logistics industry in Malaysia

Abstract

Globally, logistics is an important economic activity valued at about USD 320 billion a year and growing at an annual rate of 3 to 10 percent. Malaysia has recognized the industry as the main key towards enhancing Malaysia's progress on becoming a globally competitive fully developed nation. It was predicted that the logistics industry would grow at 8.6% during the year 2006 – 2020 plan period and contribute 12.1% to Growth Domestic Product (GDP) by 2020. Therefore, the development of the human capital or human resource for the logistics industry in Malaysia becomes important in confirming the nation's competitiveness. Accordingly, the aim of this study is to produce a feasible framework of human-resource development for the logistics industry in Malaysia.