FPCCI urges govt to promote technical education for foreign investment

September 25, 2018: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged upon the government to set up a policy to promote technical education in the country so that the target to provide employment to one million people in five years could be achieved.

In a statement on Tuesday, Acting President FPCCI Javd Iqbal Chaudhry said that there was a need to launch a National Technical Education Progrmme to produce skilled labour to meet the requirement of our industries as well as to cater for the growing need of the Arab and Gulf countries.

He was of the view that one way of attracting foreign investment was to ensure availability of skilled labour in the vicinity of the industrial zones and that could be achieved by introducing technical institutes equipped with modern amenities and a team of professionals to take care of the students.

He said that human capital was the key element in promoting the services sector and with the Information and Communication Technology (ICT) coming up as a potential economic growth field there is a need to exploit its potentials for putting Pakistan’s economy on a high-growth trajectory.

He was of the view that by coming up with right policies to tap the international market worth $4 trillion, the country’s economy could be turned around on top of creating millions of jobs as envisioned by the Prime Minister of Pakistan in its manifesto.

Keeping in view the opportunities coming up with the CPEC, he pointed out that the demand for skilled labour and IT professional would increase manifold and it would be appropriate to fill the requirements from within the country for which we need a chain of vocational training centres in the country.

He said that with the provisioning of better technical training facilities the country would be able to export of skilled labour and thereby earn foreign exchange. In short service sector required better planning to give much desired boost to our human capital, he added.

(APP)