Launch Of The First National Accelerator On Closing The Skills Gap In Pakistan

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Launch Of The First National Accelerator On Closing The Skills Gap In Pakistan

Islamabad July 11, 2019: The Prime Minster met with the visiting President of the World Economic Forum, Mr.BorgeBrende, at the Prime Minister’s office. At the meeting, the Prime Minister announced the establishment of the National Accelerator on Closing the Skills Gapin Pakistan, in partnership with the World Economic Forum, with Punjab Skills Development Fund (PSDF) serving as its national secretariat.

The World Economic Forum is the international organization for public-private cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. It is independent, impartial and not tied to any special interests. The Forum has established the Centre for New Economy and Society (CNES) to provide leaders with a platform to understand and act on emerging economic and social challenges.The Forum’s Centre for New Economy and Society has partnered with PSDF to work together on the future of education and work by setting up a National Accelerator on Closing the Skills Gap in Pakistan. The Accelerator will aim to increase the employability of the current workforce and increase work-readiness and critical skills in the future workforce.

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The National Accelerator will be led and guided by a team of Co-Chairs from the public and private sectors. The Government will be represented by Mr. Shafqat Mahmood, Federal Minister of Education and Professional Training and Mr. Zulfiqar Bukhari, Special Assistant to the Prime Minister on Overseas Pakistanis and Human Resource Development. The Co-Chairs from the private sector include Ms. Shazia Syed, MD Unilever Pakistan, Mr. Mohammed Aurangzeb, President and CEO, Habib Bank Limited, Mr. Ghias Khan, CEO, Engro Corporation. PSDF CEO, Mr. Jawad Khan, will be the National Coordinator.

Focusing on the most strategic sectors in the economy, the Accelerator will also onboard the CEOs of 50 to 100 leading companies in Pakistan as well as academics, policy makers and technical experts from the education and skills development space. The Centre for New Economy and Society has alre