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Home Economy

21st-century Pakistan’s economy depend on skilled workers

Techx Editor by Techx Editor
March 21, 2023
in Economy
Reading Time: 3 mins read
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21st-century Pakistan's economy depend on skilled workers

Syed Javed Hassan, a former chairman of Pakistan’s National Vocational and Technical Training Commission (NAVTTC), has stated that, despite the current economy slowdown, skill development is an undeniable option that can help earn billions of dollars in foreign remittances for Pakistan and also strengthen the country’s import-dependent industry.

According to local news, Javed believes that increased availability of trained labour will boost the economy of Pakistan and help domestic manufacturers become less reliant on foreign suppliers of raw materials. With 28% of the population falling in the prime working age range of 15-29, Pakistan has the youngest population in the world. This can contribute a lot towards the betterment of the economy of country.

NAVTTC is a coordinating agency established in 2005 by the Ministry of Federal Education and Professional Training to advance technical and vocational education in the country. From its creation, NAVTTC has made consistent efforts to improve its human resources, which has benefited the country’s young and economy by creating many chances for them to find gainful jobs abroad.

According to Javed, students in the current e-commerce era need technical and vocational education in order to meet industry demands. The future, he argued, belonged to those who were well-versed in artificial intelligence, the internet of things, web design, programming, and CNC (computer numerical control) mechanics. Javed argued that a trained work force was the key to Pakistan’s future success and growth.

He claimed that even though Pakistan has a large number of vocational and technical training centers, the country’s contribution to the global skilled force is far lower than it could be since the institutions do not offer education that is relevant to contemporary needs. In addition, he mentioned that Pakistan is in the top five countries worldwide for freelance services via digital media.

There has been a rise in the online business industry since the introduction of companies like Amazon, Ebbe, Daraz, and e-commerce; young people in Pakistan should seize this opportunity to help drive the country’s economic development. Under the terms of the agreement between NAVTTC and the Kingdom of Saudi Arabia, all aspiring workers in the country must first earn technical certification from NAVTTC to be legally eligible for employment.

The NAVTTC skill verification test is now required for construction, electrical, air conditioning, plumbing, and auto electrician visas issued by Saudi Arabian businesses. Pakistan has one of the world’s ten largest labour forces, making it extremely difficult for the government to provide adequate work opportunities for its citizens. Increasing people’s abilities is the key to satisfying the wants of such a massive populace.

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  • NAVTTC’s courses can train students to gain various skills that can boost economy

NAVTTC’s courses can train students to gain various skills that can boost economy

According to the former chairman of NAVTTC, high-tech courses are becoming increasingly popular among today’s students, who are also increasingly enrolling in intensive programs in fields like data science, artificial intelligence, and online trade entrepreneurship. He noted that whereas young people once flocked to government positions, a new trend is emerging in which young people are eager to acquire high-tech skills in order to increase their earning potential through online marketing and entrepreneurship. There are almost 12 million Pakistanis working in other countries. After export revenues, foreign remittances are Pakistan’s second-largest source of foreign exchange that contribute to the economy.

To read our article about “To offer citizenship KSA amends art. 8 of Nationality Law” click here.

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