The remuneration and salary component must be reviewed to attract more students to take up engineering in their tertiary education to address the engineer-to-population ratio.
Deputy Prime Minister Datuk Seri Fadillah Yusof said reports indicated that 35 per cent of junior engineers earned less than RM2,000 per month.
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Deputy Prime Minister Datuk Seri Fadillah Yusof said reports indicated that 35 per cent of junior engineers earned less than RM2,000 per month.
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NewsTranscript
00:00The role of engineers is vital. They are not just problem solvers, but catalysts of innovation.
00:21The vital essentials to our economic vibrancy and dynamism. They consistently push the boundaries
00:28of applied science, tackling complex challenges that define the future of construction, manufacturing
00:35and beyond. Our global share of engineers to population ratio of 1 per 170 is significantly
00:44lower than 1 per 100 ratio prevalent in developed nations. It is rather concerning. As we analyse
00:54the reasons behind this disparity, we must address the remuneration and salary component
01:02so that we can attract more students to take up engineering in their tertiary education.
01:08As you may all be aware, based on reports received, 35% of junior engineers earn below
01:162,000 Ringgit per month. Additionally, we must reflect on our educational landscape,
01:23which currently have only about 45% of our students pursuing STEM-related fields, falling
01:30short of the 60% target set by the Malaysian Education Blueprint 2013-2025. Realising these
01:40shortcomings, the Government is actively promoting STEM through initiatives like the
01:46Techlympic and National Science Week, which aims to cultivate increased interest in science
01:52and technology by 2030. The new Industrial Master Plan, or in short NIMP, 2030, which
02:01aims to transform the nation into a high-tech industrialised nation, supported by four key
02:06enablers, namely financing, talent development, investor journey and governance, is a strategic
02:14move that we must embrace and operational use for the nation's socio-economic well-being.
02:22A significant step to achieve this is establishing Southeast Asia's largest integrated secret
02:28design park and moving beyond the back-end chip assembly towards high-value front-end
02:34design that benefits the whole supply chain. As such, I believe Ingenia and Marbex can
02:41serve as crucial platforms in mobilising our expression and showcasing Malaysia's technology
02:48competencies in producing a skilled workforce.