Penang Talent Prospects Survey 2023: Surging Demand for Engineering and IT Talent

The Penang Talent Prospects 2023 Survey, designed by Penang Institute in collaboration with Penang Skills Development Centre (PSDC) and Penangstem, was carried out in March/April 2023. It assesses directly the skills and manpower shortage experienced in the manufacturing industries in the state.

Key Findings

  • Industry players expect demand for engineering and IT talent in manufacturing and adjacent sectors in Penang to grow at an annual rate of 30% from 2023-2026.
  • Technicians are as critically needed as talented technologists are across the manufacturing sector.
  • The importance of IT/Software professionals is growing, particularly in the semiconductor industry.

Download the full report here.