CM’s Skilled Punjab Program-International Placement is a ground-breaking program that the Punjab Skills Development Fund (PSDF) has developed with the goal of providing Pakistani youth with access to the world.
By giving young Pakistanis the skills they need to succeed overseas, the program will improve both their prospects and the country’s economy.
Their crucial influence in the country’s economy is demonstrated by the fact that remittances accounted for a substantial 21% of Pakistan’s GDP in 2021 (Source: Asian Development Bank).
Given this, PSDF has determined that the Gulf Cooperation Council (GCC), and Saudi Arabia in particular, is a crucial market for Punjab’s young people. PSDF will support this ambition by offering skill development that is in line with the unique requirements of the global labor market.
Ten thousand young people in GCC markets will receive demand-driven skill training and be placed in foreign jobs during the program’s first phase. The initiative will also address the rising demand for skilled workers worldwide in industries including retail, construction, healthcare, and hospitality. In addition to promoting remittance inflows, this two-year scheme will aid in Pakistan’s overall economic expansion.
During the meeting, Chairperson of the CM Task Force on Skills Development, Adnan Afzal Chattha, stated, “We have carefully identified specific trades in which Punjab’s youth will be trained to enhance their chances for international placement. This program is intended to give learners thorough instruction in a variety of fields, greatly increasing their chances of landing a job abroad.
Additionally, by facilitating the sharing of best practices and technological know-how, this enhanced engagement will improve information flow and promote international innovation.
In addition to giving young people financial security, the initiative seeks to improve resource allocation and lessen the nation’s fiscal burden. Increasing the number of qualified professionals working overseas can also benefit Pakistan by generating remittances that can boost the country’s economy.
“This initiative can enhance Pakistan’s international standing as a provider of highly qualified talent, thereby drawing additional international cooperation and investment,” stated Ahmed Khan, CEO of PSDF.
