Can Malaysia bridge its 60,000 engineer deficit for semiconductor growth?

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Malaysia Aims to Bridge Engineer Deficit for Semiconductor Growth Through Strategic Initiatives

Malaysia is actively addressing a projected deficit of 60,000 engineers to achieve its ambitious goals in the semiconductor industry. The nation aims to significantly increase its participation in the global semiconductor market, targeting a rise in its share of global semiconductor exports from the current 7% to 15% by 2030. This expansion is anticipated to double Malaysia's semiconductor output, reaching an estimated RM1.2 trillion.
Government Strategy Focuses on Recruitment, Retention, and Return

To combat the shortage of skilled professionals, the Malaysian government has outlined a strategy centered on the "three Rs": recruit, retain, and return. This multifaceted approach involves actively bringing in new talent, implementing measures to keep existing skilled engineers within the country, and encouraging Malaysian engineers currently working abroad to come back and contribute to the nation's semiconductor sector development.
Integrated Circuit Hubs and International Collaboration Drive Talent Acquisition

Specific initiatives are underway to bolster the engineering workforce. The Puchong IC hub, for instance, is designed to employ 400 local engineers, with anchor tenants having already hired 60 individuals. MaiStorage, a subsidiary of Taiwan's Phison Electronics, has established operations in Puchong, and the presence of returning Malaysian engineers, such as five individuals who have come back from Taiwan's Hsinchu Technology Park, highlights the focus on leveraging international experience for local mentorship and leadership.
Penang Emerges as a Key Hub for IC Design and Talent Development

Penang is playing a pivotal role in the nation's semiconductor ambitions, hosting 28 out of Malaysia's over 30 IC design companies. To further strengthen its position, the state is launching "Penang Silicon Design @5km+," an initiative aimed at attracting, hiring, and upskilling engineers to meet the growing demands of the sector. Industry leaders like Infineon Technologies, with over 500 employees in Penang, are also contributing to talent retention, reporting notably low attrition rates.

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Can Malaysia bridge its 60,000 engineer deficit for semiconductor growth?

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