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More foreign companies providing digital training for Indonesians
Mastercard’s training program, officially launched on Monday, is to teach up to 100,000 Indonesians, including schoolchildren, young adults and entrepreneurs, about digital technology.
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Illustration of young workers in a startup company.
Global payment and technology company Mastercard opened a digital training program called Mastercard Academy 2.0 on Monday. The training program is to benefit at least 100,000 people by 2022.
(Shutterstock.com/Cookie Studio)
M
ore foreign companies are taking the initiative to provide digital training programs to Indonesian workers to address literacy and skillset gaps in the country.
The latest initiative is being made by global payments and technology company Mastercard, which has just opened a training program called Mastercard Academy 2.0 in cooperation with two non-profit organizations, namely the YCAB Foundation and Infra Digital Foundation.
Technology companies such as United States tech giants Google, Facebook, Apple and Amazon, as well as China’s Alibaba and Huawei, have already provided digital training programs in the country.
Mastercard’s training program, officially launched on Monday, is to teach up to 100,000 Indonesians, including schoolchildren, young adults, entrepreneurs, and mid-career professionals, by 2022 about digital knowledge such as cybersecurity and payment technology.
The training program would consist of four sub-programs spanning different age segments, such as a cybersecurity certification program for about 6,000 vocational high schools (SMK) students, a cybersecurity toolkit program for 30,000 small and medium business owners, Girls4Tech, which is designed for 60,000 young girls to gain knowledge about payment technology, and an expert speaker series program for 4,500 policymakers and mid-career professionals to learn about industry innovations.
“We want to be a partner for the Indonesian government in human capital development. The stronger economy will result in more inclusive growth and more people with financial security. This is good for business in the long run,” Mastercard's vice chairman and president for strategic growth, Michael Froman, said after the launch of the training program.
Indonesia’s digital economy is well on track to dominate Southeast Asia with its market value expected to more than triple to US$130 billion by 2025 from $40 billion in 2019, according to a study conducted by Google, Singaporean holding company Temasek and management consulting firm Bain & Company.
