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ADB Approved 100-Million-USD- Loan For Technical, Vocational Education In Pakistan’s Punjab

ISLAMABAD– The Asian Development Bank (ADB), approved a 100-million-U.S. dollar-loan, to help improve technical and vocational education and training (TVET), in Pakistan’s eastern Punjab province.

 

The Improving Workforce Readiness in Punjab Project, will help enhance the quality and relevance of TVET, to increase graduates’ employability, upgrade workers’ skills, and ensure more equitable access to training for women and disadvantaged groups, while improving management and strategic planning in TVET institutions, the ADB said in a statement.

 

The ADB’s project would finance the establishment of 19 TVET centres of excellence, in eight priority economic sectors, including automobile assembly parts and repairs, construction, food processing, health, information and communication technology, light engineering, textiles and garments, and tourism and hospitality, the statement said.

 

They would provide programmes with linkages to industry and deploy best practices, it added.

 

“The project will include the development of skills training programmes using technology, in response to emerging trends in the fourth industrial revolution,” according to the ADB.

 

Source: NAM NEWS NETWORK