Deputy Prime Minister Choi Kyung-hwan said on March 19 that President Park Geun-hye’s recent state visit to the Middle East would be a boon for young professionals wishing to get a job abroad, He also said that the government would double the number of young professionals employed abroad to at least 10,000 by 2017.
“Middle East countries are characterized by a foreigner-to-population ratio of as high as 80 percent, which means they are highly dependent on foreigners for industrial growth and job opportunities abound there,” he explained, adding, “If the first Middle East boom back in the 1970s were about construction and simple labor, the second boom will be based on Korea’s excellent technology and well-educated professionals.”
He continued, “The Middle East is moving ahead with industrial diversification to provide against the post-oil era, and 850 trillion won [US$757 billion] worth of projects will be underway by 2017 during the course.”
The Korean government is planning to provide overseas job information by using mobile applications and the like, and keep tracking employees even after their employment for better follow-up services. Also, it will come up with new policy measures before July after the on-site analysis of job demands.