THE ripples from DAP secretary-general Anthony Loke’s open endorsement of rising star Steven Sim for the Penang chairman post have yet to subside.
Selangor State Executive Councillor for Investment Ng Sze Han inspects an IC design park launched in August 2024 in Puchong, Malaysia. - ST PHOTO
“Malaysia is a good choice due to its bright industry prospects, government incentives, and the low cost of doing business,” Dr Salleh told The Straits Times. The nation’s ambitions rest on a three-pronged plan to gain and train talent via the three Rs: recruit, retain and returnees. That is, to hire the necessary engineers; retain existing talent; and encourage Malaysian engineers working abroad to return home.
The Puchong integrated chip design hub that was formally opened last month – and touted as the largest in South-east Asia – needs up to 400 local engineers, with 60 already hired by anchor tenants and related partners, according to Selangor Investment executive councillor Ng Sze Han. In Taiwan and France, engineering grads can command ringgit-equivalent monthly salaries of up to RM9,000 and RM17,000, respectively. But they must have a relevant Master’s degree, at the minimum.
By setting up shop in Selangor, MaiStorage, a RM100 million subsidiary of Taiwan-based chip design house Phison Electronics, could spark a larger exodus of workers to Malaysia, said Phison’s Malaysian co-founder Pua Khein Seng.
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