Profile cover photo
Profile photo
Global Search Partners Pte Ltd

Increased Demand for Infrastructure Talent in the next 5 to 10 years
1.   Most emerging Asian countries—China, India, and the Association of Southeast Asian Nations (ASEAN)—continue to suffer from underdeveloped infrastructure. In India, for example, electricity generation is 16 percent to 20 percent short of what is needed to meet peak demand, thanks to persistent underinvestment and poor maintenance. In Indonesia, infrastructure investments dropped from 5 percent to 6 percent of GDP in the early 1990s to 2 percent to 3 percent of GDP for much of the last ten years. Across the Asian region as a whole, it is estimated that around $8 trillion will be needed for the infrastructure projects over the next decade.
2.   In 2013, China proposed to form The Asian Infrastructure Investment Bank (AIIB) with a paid capital of $100 billion to provide finance to infrastructure projects in the Asia region.
3.   With the AIIB expected to be fully established by the end of 2015, we expect the demand for Infrastructure Talent  to spike in the next 5 to 10 years. The challenge will be finding the right people given the limited pool of qualified Infrastructure Talent in Asia.
4.   In addition to the ‘traditional’ mode of recruitment, companies will likely need to engage the services of executive search firms to hunt for suitable talent on a global scale. Given the imminent launch of AIIB in a few months’ time, preparations are in hand to help address this potential talent shortage.

Effective May 2015, Global Search Partners has become a member of Singapore's Diversity Action Committee (DAC). Read more.....
Wait while more posts are being loaded