The government has approved investment promotion in the first 6 months of 2022, creating over 44,000 jobs, revealing that bachelor's degrees in engineering are still in the highest demand.
September 21, 2022 - Mr. Anucha Burapachaisri, Deputy Secretary-General to the Prime Minister for Political Affairs and acting government spokesman, revealed the approval of investment promotion in the first 6 months of 2022 (January - June 2022) that there were 750 projects approved for promotion by the Board of Investment (BOI) with a total investment value of 375,670 million baht. Of these, 309 projects were approved for investment promotion in target industries, accounting for 41% of the total number of projects approved for promotion, with a total value of 131,580 million baht, accounting for 35% of the total value of approval for promotion. The agriculture and food processing industries had the largest number of projects, while the automotive and parts industries had the highest investment value. In addition, the projects approved for promotion in the first 6 months of 2022 were able to create 43,833 jobs for Thais, with projects in the electrical appliances and electronics category It will be ranked number 1 in employment, accounting for 31% of Thai employment, with approximately 13,575 jobs, followed by the light industry category, accounting for 19% or approximately 8,261 jobs, and the metal products, machinery, and transportation equipment category, accounting for 17% of Thai employment, or approximately 7,363 jobs.
Mr. Anucha also said that while the results of the labor demand survey of the project that issued promotion cards in January - June 2022 found that there was a total demand for 104,314 workers, the electrical appliances and electronics category had the highest demand for workers, at 42,308 people, or 41% of the total demand for workers, followed by the metal products, machinery, and transportation equipment category. The electrical appliances and electronics category had the highest demand for workers with a bachelor's degree or higher, at 4,500 people, or 29% of the total demand for workers with a bachelor's degree or higher, followed by the metal products, machinery, and transportation equipment category, which had a demand for workers with a bachelor's degree or higher, approximately 22%, while the technology and innovation development and services and public utilities industries had a higher percentage of demand for workers with a bachelor's degree than other levels of education. With a demand for bachelor's degree labor of 86% and 72% of the total labor demand, respectively, while other industries have a demand for bachelor's degree labor of an average of 13% of the total labor demand.
The most demanded bachelor's degree labor is in the field of engineering, with 7,232 people, accounting for 47% of the bachelor's degree labor demand, followed by the field of business administration, with 5,981 people, accounting for 39% of the bachelor's degree labor demand. The most demanded bachelor's degree labor in engineering is in manufacturing engineering, accounting for 18% of the total demand for bachelor's degree labor in engineering, followed by the fields of industry and mechanics, respectively. The most demanded bachelor's degree labor in business administration is in management and organization management, accounting for 19% of the total demand for bachelor's degree labor in business administration, followed by the fields of marketing and hospitality, tourism/services, respectively.
“The projects approved for promotion in the first 6 months of 2022 have resulted in the creation of more than 40,000 jobs for Thais. The projects have the highest demand for bachelor's degree labor, reflecting that Thai bachelor's degree labor It is still important for the labor market, especially the investment industry sector. In the second half of 2022, it is expected that there will be a continuous increase in projects requesting investment promotion, which will result in a large number of employment of workers at all levels in various fields. Therefore, those who have graduated with a bachelor's degree and are about to graduate, as well as workers at the vocational certificate, vocational diploma, and high school level, who are the main drivers of the industrial sector, are asked to follow employment news and prepare themselves to apply to work with the industrial sector,” said Mr. Anucha.
Reference content from https://www.thaipost.net/economy-news/225914/