Institut Koperasi Malaysia is a Malaysian government agency responsible for promoting and developing the cooperative movement in the country.
The history of the institute can be traced back to the establishment of the Cooperative Development Unit (CDU) in 1962, which was created to promote and develop the cooperative movement in Malaysia. This initiative aimed to address economic challenges and empower local communities through cooperative principles. In 1967, the CDU was upgraded to the Cooperative Development Authority (CDA), and in 1972, it was renamed Institut Koperasi Malaysia (IKM). Under the leadership of the CDA and later IKM, the cooperative movement in Malaysia experienced significant growth. The institute played a crucial role in providing technical assistance, training, and education to cooperatives across various sectors. IKM's efforts were pivotal in establishing a structured framework for the cooperative movement, helping to ensure its sustainability and effectiveness.
In its early years, IKM focused on establishing new cooperatives and providing foundational training for cooperative leaders. As the cooperative movement expanded, IKM diversified its activities to include specialized training programs tailored to the needs of different sectors, along with research and development initiatives. The institute also offered dispute resolution services, helping cooperatives navigate challenges and maintain healthy operations. During the 1980s and 1990s, IKM faced several challenges, including economic downturns and increased competition from the private sector. Despite these obstacles, the institute adapted by innovating its training programs and services. It played a vital role in helping cooperatives to survive and thrive in a changing economic landscape, emphasizing the importance of resilience and adaptability.
In recent years, IKM has placed a particular focus on promoting the development of women's cooperatives and enhancing cooperatives in rural areas. This strategic direction aims to empower underrepresented groups and foster economic growth in less-developed regions. Additionally, IKM has worked to improve governance and financial management within cooperatives, ensuring they operate effectively and transparently. Today, IKM remains a leading institution in the field of cooperative development in Malaysia. Its efforts have significantly contributed to creating a vibrant and dynamic cooperative sector, which plays a crucial role in the country’s economy and social development. By continuing to support cooperatives through training, research, and advocacy, IKM helps strengthen communities and enhance the overall quality of life in Malaysia.
Institute Profile
Get a quick snapshot of the institute's key details.
University Name
Institut Koperasi Malaysia
Acronym
IKM
Year Established
1954
Governing Type
Public
Student Body
Co-education
Highest Degree
Masters
Campus Type
Urban
Location
The institute is located in Petaling Jaya, Selangor. Find the address and map of the institute below.
Address
103 Jalan Templer, Petaling Jaya, Selangor, Malaysia
Map
Contact
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