Boom in Green Tech Jobs in Singapore and China
According to an article which appeared in Executive Search Blog, Bluesteps, Russell Otter from Kelly Services claims with support from Singapore's government by 2015 there should be 18,000 green jobs available in the city sate. This implies that the green tech industry is on the rise and set to become area looking to employ more executives.
Andre Mangels from Robert Walters claimed that as energy resources such as water and electricity produce higher operation costs, businesses will be motivated to go green. This could result in a surge of cleantech companies which would provide a host of new jobs in Singapore.
Mangels also pointed out that compared with the past, there is more employer demand for executive job candidates with green scheme certifications. This bodes well for executives with awareness for green and sustainable business.
Otter noted that Singapore is assembling a talent pool of green executives as demand for cleantech talent grows. With growth potential and government funding, it looks like career prospects in the green tech market are on the rise.
Asia's cleantech industry is expanding and accounts for around 55 percent of the global industry, the United States holds approximately 40 percent market share, according to Mangels.
Due to Singapore's size, it makes it hard to set up large cleantech infrastructures in a cost-effective manner, Mangels added. Asia is progressing in becoming green tech, with China being the second leading wind-powered nation in the world. China is also the world's largest green tech producer in terms of revenue, growing 77 percent over the last year to earn USD64billion, according to a ZDNet Asia report.
Despite the size of Singapore not lending itself well to large wind or solar farms, other green initiatives such as eco friendly products or electric and hybrid cars will potentially lead to more green related jobs in Singapore.
With non-renewable fuels being unsustainable and with the costs increasing, jobs for executives with a level of green knowledge will become available in companies wanting to become more sustainable. The possibility of green tech companies expanding will also provide more jobs in the region.
China in particular will be looking for executives with a green background to help grow the already booming green tech industry.
This article was written by Arabella Barda, Emerging Markets Assistant for the Association of Executive Search Consultants (AESC).