Selangor executive councillor Ng Sze Han says Malaysia should tap global talent networks instead of worrying about brain drain.
Speaking at a forum at Universiti Malaya about youth’s role in the future of the semiconductor industry, Ng said policymakers must take a more practical view of talent mobility.
“Everyone is trying to persuade you (students) to stay in Malaysia and contribute to its economic growth. I’m sure you’ve heard this many times.
“But, to me, even though I’m part of the Selangor state government, we need to be practical when discussing talent.
“I think instead of worrying about brain drain, we should be taking advantage of ‘brain circulation’ and ‘brain linkages’,” the investment, trade, and mobility committee chairman said.
Former deputy international trade and industry minister Ong Kian Ming, former Nvidia Corporation and Foxconn vice-president Lai Yit Loong, and Oppstar Technology Sdn Bhd co-CEO Cheah Hun Wah were also part of the panel.
Ng said Malaysians working abroad could connect local industries with global expertise.
“Lai is a good example. He is a Malaysian living abroad and working abroad.
“With his expertise and recommendations, we connected with many Malaysian and non-Malaysian experts worldwide. This is the kind of ‘brain linkage’ I’m referring to,” he said.
He also pointed out that Malaysia’s relatively small market limits opportunities compared to larger economies.
Malaysia accounts for about 13% of global semiconductor assembly and testing, making it the sixth-largest exporter in the sector.
Semiconductors contribute roughly 6% of GDP, 26% of exports, and 40% of approved foreign direct investment. - FMT
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