Lahore, November 06, 2014 (PPI-OT): China is witnessing economic transformation at a massive scale by following the model of Europe for relocating part of its manufacturing sector to economically viable places that offer skilled labor at cheap wages. It was disclosed by Mr. Shah Faisal Afridi, President Pak-China Joint Chamber of Commerce and Industry (PCJCCI) in a statement issued here today after a meeting with Mr. Yuan lee, General Manager Shandong Shifeng Group Co, Ltd and Mr. Tony Niu, Business Manager at International Trade Dept, Shandong Shifeng Group.
Faisal Afridi said that Pakistan can make its unemployed manpower effective in the current scenario by providing technical training in industry related work ambits. He was confident that Pakistan can attract Chinese manufacturing sector by developing a trained workforce for industries.
He termed this phenomenon as a great industrial transfer, which has brought in plenty of opportunities also for Pakistan. He said that one-third of Chinese manufacturers of textiles, garments, shoes and hats had already moved all, or part of their production, outside China.
President PCJCCI explicated that Pakistan has the 9th largest labor force in the world. According to the labor force survey 2013-14, the total labor force in the country is 57.24 million. Out of this labor force, 3.40 million people are unemployed and rests are employed to places that do not suite to their area of expertise, he added.
He further pointed that Export of quality manpower is the main driver in growth of remittances; therefore the structure of existing population of Pakistan shows that the country has 60% economically active population or work force which can prove to be a productive asset of the country if properly trained through skill development programs.
Faisal Afridi disclosed that that China was ready to assist Pakistan also in empowering its labor force in accordance with its industrial requirements through the formation of collaborative Research institutes and capacity building organizations that would impart vocational training Chinese work ethics including language and communication to the Pakistani labor.
China would establish such training institutes in Pakistan that would keep themselves in touch with the ongoing industrial trends, getting their input on the kind of workforce it requires, the institutes would be empowered enough to have machines, tools and technology used by textile, pharmaceuticals and surgical industries to ensure a well trained and competent labor force for future consumption, he added.
Faisal Afridi urged the government to take immediate steps to modify and empower existing vocational training Institutes like TEVTA. Currently, TEVTA enrolls on average 110,000-120,000 students in its technical training institutes, while the demand in the market is over one million, said Afridi and pointed out that the government of Pakistan needs to invest in skilled workers to bridge the imbalances that occur due to inadequacy in human resource development.
Faisal Afridi said that imparting training to Pakistani labor in market oriented fields with the collaboration of China would enhance labor capacity utilization and preference over untrained workforce. This trained workforce having a competitive edge could be preferably hired by countries that are expanding their manufacturing sector by relocating it in other viable countries, added Afridi.
Earlier, Mr. Yuan lee, General Manager Shandong Shifeng Group Co, Ltd informed that, 40 percent of major Chinese companies had planned to move factories from China to other locations, which include Vietnam, Pakistan, Bangladesh and Philippines. The movement has also been verified by a survey conducted by the ‘Capital Business Credit’, a US-based financial consultancy firm, he said.
For more information, contact:
Wardah Ali Gohar
Pakistan China Joint Chamber of Commerce and Industry (PCJCCI)
Mega Tower, 309 – 6th Floor,
Main Boulevard, Gulberg II,
Lahore, Punjab – Pakistan
Tel: +92-42-35777460-02, +92-42-37032203, +92-42-35874353
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