In recent years, Hong Kong’s public spending on infrastructure has been maintained at high levels, and key projects such as the Guangzhou–Shenzhen–Hong Kong Express Rail Link and Hong Kong–Zhuhai–Macau Bridge are also ongoing.
Amid this situation, civil engineers, mechanical & electrical engineers, and design, safety and project managers with infrastructural project experience have been in high demand.
On average, project managers can expect to earn HK$45,000 to HK$50,000 per month, while senior engineers can expect HK$35,000 to 40,000 a month.
China drives demand for talent
With an increasing number of cross-border projects, there is a growing need for adaptable engineers who can speak multiple languages and possess good communication skills.
Engineers and project managers with previous exposure to China and proficiency in Mandarin will be sought after.
As the Chinese market was sluggish, we have seen a decline in Hong Kong’s export of construction and technical professionals into China in the recent past.
However, the demand for property management professionals in China will remain steady through the end of the year, as there is a robust pipeline of buildings reaching completion in 2016.
In addition, an increasing number of developers in China are launching property management services. This is another driver of the talent demand. In the coming year, the average monthly salary for facility and property managers will be around HK$47,000.
Issues at home support talent demand In Hong Kong. Housing demand remains high in the city while land supply remains in shortage. Against this backdrop, the development of housing, land and transportation for the city will be a focus for the government in 2016.
In terms of residential needs, the government has already announced policies on supply of over 90,000 units in the coming five years, along with recreation and tourism development initiatives on Lantau Island and the Kowloon East business district development project.
These projects will drive the demand for skilled talent in design and architecture. Experienced designers and architects can expect to earn HK$35,000 and HK$52,000 a month respectively.
Talent demand drives pay increments
Overall, professionals in construction, property and engineering will see annual salary increments at 5 to 10 percent within the same company, and 15 to 20 percent when changing jobs within the industry.
Given this potential salary step-up, more experienced talents will be looking to move for better opportunities, causing mobility to rise.
Although the Hong Kong market is expected to feel the impact of slowing economic growth and market instability, talent recruitment in the construction, property and engineering industries remains active.
There will be high demand for qualified designers, architects, mechanical and electrical engineers, project managers, property and facility managers, property leasing specialists, and sales and marketing professionals across the board.
– Contact us at [email protected]