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The South Korean government is currently reviewing an expansion of the E7 visa for foreign skilled workers to address the labor shortage in the shipbuilding industry.
This initiative responds to the resurgence of the shipbuilding sector after a decade-long downturn, during which companies have struggled to secure sufficient manpower. Foreign workers play a critical role in South Korea's shipbuilding industry, making up 10-20% of the workforce in many shipyards. They are often responsible for high-skill tasks such as welding, electrical work, and painting, significantly contributing to productivity.
Domestic shipbuilders face challenges in recruiting local talent due to factors such as aging demographics and low birth rates. As a result, the importance of foreign labor has become even more pronounced. According to the Korea Offshore & Shipbuilding Association, approximately 12,000 additional workers will be required annually, with demand for foreign talent expected to continue growing steadily.
The South Korean government is currently reviewing an expansion of the E7 visa for foreign skilled workers to address the labor shortage in the shipbuilding industry.
This initiative responds to the resurgence of the shipbuilding sector after a decade-long downturn, during which companies have struggled to secure sufficient manpower. Foreign workers play a critical role in South Korea's shipbuilding industry, making up 10-20% of the workforce in many shipyards.
They are often responsible for high-skill tasks such as welding, electrical work, and painting, significantly contributing to productivity.
Domestic shipbuilders face challenges in recruiting local talent due to factors such as aging demographics and low birth rates. As a result, the importance of foreign labor has become even more pronounced. According to the Korea Offshore & Shipbuilding Association, approximately 12,000 additional workers will be required annually, with demand for foreign talent expected to continue growing steadily.