High Demand job roles for OFW in Singapore
Singapore, known for its vibrant economy and dynamic job market, has long been a magnet for Overseas Filipino Workers (OFWs) seeking better opportunities abroad. As the demand for skilled professionals continues to grow, the city-state presents a wide range of high-demand job roles for ambitious OFWs to find success. We’ll look at some of the highest-demand job roles for OFW in Singapore.
1. Healthcare Sector
Singapore's healthcare system is renowned for its excellence, and the demand for healthcare professionals is on the rise. According to the Ministry of Health Singapore, the country's aging population and expanding healthcare infrastructure have created a significant need for skilled nurses, medical technologists, and allied health professionals. The sector is projected to witness robust growth, with an estimated 9,000 healthcare jobs to be created by 2025. To deal with the rise in aged population, Singapore is constantly looking for foreign skilled talents to fill up job roles in the healthcare sector.
2. Information Technology (IT) Industry
As a global tech hub, Singapore is at the forefront of technological advancements, and the demand for IT professionals remains relentless. The Infocomm Media Development Authority (IMDA) has partnered with several brands to promote the creation of new tech job, by partnering with NCS, IMDA expect 1200 Tech jobs to be created by 2024. OFWs skilled in software development, data science, cybersecurity, and artificial intelligence can find abundant opportunities in this ever-evolving industry.
3. Finance and Banking
Singapore is a leading financial center in Asia, attracting numerous foreign investments and businesses. The Monetary Authority of Singapore (MAS) reveals that the financial sector contributes significantly to the country's economy. With the growth of fintech and digital banking, there is a rising demand for professionals in finance, accounting, risk management, and compliance. Over 6,000 finance-related jobs are expected to be generated by 2025, making it an attractive choice for OFWs with financial expertise.
4. Hospitality and Tourism
Singapore's thriving tourism industry is a major contributor to its economic growth. The Singapore Tourism Board (STB) reports that tourism generated SGD 34.8 billion in revenue in 2019. As the country gradually reopens its borders, the demand for skilled workers in hospitality, food and beverage, and tourism-related services is set to increase. OFWs experienced in hotel management, culinary arts, and guest services can find promising opportunities in this sector.
5. Construction and Engineering
Singapore's skyline is continuously evolving with impressive infrastructure projects, driving a demand for skilled workers in the construction and engineering fields. According to the Building and Construction Authority (BCA), the construction industry is expected to grow between 2021 and 2025, with opportunities in civil engineering, project management, and sustainable construction practices. Over 30,000 construction-related jobs are projected to be created in the coming years, offering OFWs a chance to contribute to the nation's development.
Singapore's robust economy and relentless pursuit of progress have resulted in a plethora of high-demand job roles for Overseas Filipino Workers. The healthcare, IT, finance, hospitality, and construction sectors present compelling opportunities for skilled individuals to pursue rewarding careers in this dynamic city-state. As the statistics indicate significant growth in these industries, OFWs can be assured of a bright future while contributing to Singapore's success story.
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Disclaimer: All information is true as of time of publish in 2023, information and data may change beyond this date. For most updated information, always refer to relevant site before making decisions. Kenneth & Co disclaims any liability for any harm caused by using the information provided.