Digital tech growth to create 65 million jobs annually in Asia Pacific

KUALA LUMPUR: The Asian Development Bank (ADB) has estimated that about 65 million jobs will be created yearly in the Asia Pacific until 2025, resulting from the increased use of digital technologies amidst the COVID-19 pandemic.

ADB chief economist Yasuyuki Sawada said the expansion of the digital sector would contribute to an average annual gain of 26.8 per cent in Asia Pacific’s gross domestic product (GDP), 15.6 per cent in trade, and 26.1 per cent in employment over the next five years.