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Taiwan to recruit 25,000 foreign students annually to work after study
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2024-09-12
News source：Taiwan News https://www.taiwannews.com.tw/news/5934887
Content
TAIPEI (Taiwan News) — Taiwan announced plans to attract 25,000 foreign students, mainly from Southeast Asia, annually to study and eventually stay and work in Taiwan.
As Taiwan’s birth rate continues to fall, the Ministry of Economic Affairs (MOEA) said it will recruit international students to address industry labor shortages. The National Development Council estimated Taiwan’s labor market gap will be about 350,000 people by 2028 and 480,000 by 2030.
The ministry said that in August, more than 1,000 of about 24,000 companies expressed a strong demand for foreign talent, per CNA. Each company requested about 5,000 workers.
However, only around 19,000 international students study in Taiwan each year. The retention rate among those students is 47%, meaning less than 10,000 students stay for employment.
In the plan's first phase, the MOEA will cooperate with the Ministry of Education to match talents with industries. It will provide training to the students as they adjust to the workplace.
Read the full story on the original website https://www.taiwannews.com.tw/news/5934887